Chapter 3.98
CAPITOL THEATRE OPERATING FUND
Sections:
3.98.010 Fund created—Purposes.
3.98.040 Dissolution of Capitol Theatre fund.
3.98.010 Fund created—Purposes.
There is created a special fund to be known as the Capitol Theatre operating fund. Money in such fund shall be spent only for expenses incurred or assumed by the city for the maintenance, management or operation of the Capitol Theatre. (Ord. 2389 § 2, 1980: Ord. 2225 § 1, 1978: Ord. 1654 § 1 (part), 1974).
3.98.020 Source of funds.
The sources of money to be deposited in the Capitol Theatre operating fund shall include federal shared revenue transferred to such fund in amounts authorized by the city council from time to time, revenue from the special excise tax imposed and administered as provided by Sections 3.93.010, 3.93.020 and 3.93.030 of the City of Yakima Municipal Code (Room Tax) in amounts authorized by the city council from time to time, and other sources of available funds as may be authorized by the city council from time to time. (Ord. 2389 § 3, 1980: Ord. 1654 § 1 (part), 1974).
3.98.030 Expenditures.
Expenditures from the Capitol Theatre operating fund shall be made only for the purposes specified in YMC 3.98.010. No expenditure shall be made from such fund unless the city council approves such expenditure by passing an ordinance appropriating money within such fund for the purpose for which the expenditure is to be made, or by including an appropriation for such purpose in the budget. (Ord. 2022-007 § 18, 2022; Ord. 2389 § 4, 1980: Ord. 1654 § 1 (part), 1974).
3.98.040 Dissolution of Capitol Theatre fund.
All money presently deposited in the Capitol Theatre fund is transferred to the capital improvement fund for convention center and performing arts center facilities all as contemplated by subsection B(2) of Section 3.93.040 of the city of Yakima Municipal Code, and the Capitol Theatre fund is dissolved. (Ord. 93-53 § 1, 1993: Ord. 2389 § 5, 1980).