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HomeMy WebLinkAbout6490 ORDINANCE NO. 6 4 9 0 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, REPEALING SECTION 3.04.265 OF THE AUBURN CITY CODE RELATING TO THE GOLF COURSE FUND WHEREAS, the Auburn City Cotle currently provides a separate fund for the operations of the golf course, and that fund has been used, since its inception, in 1985, as the fund through which golf course activities and expenses were paid; and WHEREAS, in the last number of years, the golf course has not been self sufficient, and it has been occasionally necessary for the fund to borrow money from the general fund in order to sustain golf course activities; and WHEREAS, in order to address the City budgeting needs without this activity being dependent on loans, it is appropriate that. the golf course fund, itself, be eliminated and golf course activities funded directly from the general fund, with revenue from the golf cou�se likewise going info the general fund. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, DO ORDAIN as follows: Section 1. Amendment to Citv Code. That Section 3.04.265 of the Auburn City Code be and the same hereby is repealed. Section 2. Imalementa4ion. The Mayor is hereby authorized to implement such administrative procedures as may be necessary to carry out She directions of this legislation, including reorganization of the fund relationships of the golf course activities to the current expense fund and revenue sources related thereto. Ordinance No. 6490 ` November18, 2014 Page 1 of 2 Section 3. Severabilitv: The provisions of this ordinance are declared to be separate and severable. The invalidity of any clause, sentence, paragraph, subdivision, section or portion of this ordinance, or the invalidity of the application thereof to any person or circumstance shall not affect the validity of the remainder of this ordinance, or the validity of its application to other persons or circumstances. Section 4. Effective date. This Ordinance shall take effect and be in force five days from and after 'its passage, approval and publication as provided by law. NOV 1 8 2013 INTRODUCED: PASSED: NOV 1 R 9013 APPROVED: NOV 1 g $� � �� PETER B. LEWIS MAYOR ATTEST: �� Danielle E. Daskam, City Clerk APP VE O F RM: aniel B. Hei , ity A orney � ._._!� �,�Y�.� ���� ��j Published� �G�..tik,c� Ordinance No. 6490 November18, 2014 Page 2 of 2 SECTION BEING REPEALED 3.04.265 Golf course fund. A. There is created in the budget of the city a fund to be known as the "golf course fund." Such fund shall remain intact from yeaz to yeaz. B. There shall be allocated to the fund all revenues obtained from the ownership, control and operation of the Auburrr Golf Course and all funds appropriated . therefor by the city council, raised by taxation or otherwise. C. There shall be $22,295 transFerred from the special pazks fund to the golf course fund. D. All moneys in the golf cowse fund shall be used. I. To finance the maintenance and operational expenses of the Aubum Golf Course; 2. To make payments of interest on or current principal requirements ofany ontstanding bonds or certificates issued for the acquisition, improvement or extension thereof, including those authorized; 3. Any funds in excess of the foregoing requirements shall be utilized to finance the improvements of the Auburn Golf Course. (Ord. 4089, 1985.)