049 of 1988 - Creating a Parks Capital Projects Fund 0 88-1
0 88-15
SALT LAKE CITY ORDINANCE
No. 49 of 1988
(Creating a Parks Capital Projects Fund)
AN ORDINANCE ENACTING CHAPTER 28 OF TITLE 15, REVISED
ORDINANCES OF SALT LAKE CITY, UTAH, 1988, AS AMENDED, RELATING TO
THE CREATION OF A PARKS CAPITAL PROJECTS FUND.
Be it ordained by the City Council of Salt Lake City, Utah:
SECTION 1. That Chapter 28 of Title 15, Revised Ordinances
of Salt Lake City, Utah, 1988, as amended, relating to Creation
of the Parks Capital Projects Fund be, and the same hereby is,
enacted to read as follows:
Chapter 28
CAPITAL PROJECTS FUND
Sec. 15.28.010 A. Capital Projects Fund created. All
funds received from leases on special use facilities and public
buildings in city parks, including but not limited to; Memorial
House in Memory Grove, Chase Home in Liberty Park, Raging Waters,
Derks Field and Oak Hills Tennis Center, shall be placed in the
Parks' Capital Projects Fund and kept separate and apart from all
other City funds. For purposes of this section, the term
"special use facility" shall not include any facility for which a
fee is charged pursuant to Chapter 16 of Title 15 with the
exception of Oak Hills Tennis Center.
B. This fund shall be used for capital developments,
improvement and repairs within the city parks and recreation
system, including the renovation of existing park facilities, and
the creation of new facilities. Revenue generated from the lease
of a specific facility may be used for capital development and
improvement of other park facilities, and need not be restricted
to renovation of the facility generating the revenue.
C. The collection, accounting and expenditure of funds
shall be in accordance with existing fiscal policy of the City
and the fund shall be administered by the Parks and Recreation
Department.
SECTION 2. This ordinance shall take effect upon its first
publication.
Passed by the City Council of Salt Lake City, Utah, this
5th day of July , 1988.
4?5�ATTEST: CHAIRPERSON
C T R DER
Transmitted to the Mayor on 7/5/88
Mayor' s action: XXXX Approved Vetoed.
MAY R
ATTEST:
x,
CI R DER ...
(SEAL) APPROVED
BILL NO. 49 OF 1988. FWAN .DEPARTMENT
Published: 7/.21/88 �-
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