Chapter 3.92
CASINO IMPACT RESERVE FUND
Sections:
3.92.010 Created – Authorization.
3.92.010 Created – Authorization.
There is created a fund to be known as the “casino impact reserve fund,” as prescribed by the Washington State Auditor’s Office (RCW 43.09.200). (Ord. C-461, 2001; Ord. C-448, 2000)
3.92.020 Source of moneys.
The casino impact reserve fund shall be credited with all applicable funds received as impact fees from the Kalispel Tribe of Indians as provided for in the memorandum of understanding between the City of Airway Heights and the Kalispel Tribe of Indians dated August 20, 1996. (Ord. C-461, 2001; Ord. C-448, 2000)
3.92.030 Expenditures.
No sum shall be withdrawn from this fund except upon resolution duly passed by the City Council, except no such resolution shall be deemed necessary if removal from the fund is only for the purpose of changing the place or account of a guaranteed investment of the fund. (Ord. C-461, 2001; Ord. C-448, 2000)
3.92.040 Transfer.
No sum shall be transferred from this fund except upon resolution duly passed by the City Council. (Ord. C-461, 2001)