Amending Chapter 2 Addition of new section 2-170.2 entitled Potawatomi Zoo Non-Reverting Capital Improvement Fund

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r BILL NO. ORDINANCE NO. 8 2-94 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING CHAPTER 2, ARTICLE 14 OF THE SOUTH BEND MUNICIPAL CODE BY THE ADDITION OF NEW SECTION 2-170.2 ENTITLED POTAWATOMI ZOO NON-REVERTING CAPITAL IMPROVEMENT FUND", NEW SECTION 2-170.3 ENTITLED „MUNICIPAL GOLF COURSES NON-REVERTING CAPITAL IMPROVEMENT FUND”, AND NEW SECTION 2-170.4 ENTITLED "PARK AND PICNIC FACILITIES NON-REVERTING CAPITAL IMPROVEMENT FUND" STATEMENT OF PURPOSE AND INTENT The Common Council recognizes that pursuant to Indiana Code § 36-10-4-16 (g), it has the authority to establish by Ordinance special non-reverting operating funds and special non-reverting capital funds. In each instance,the establishment of such funds are to be requested by the Board of Park Commissioners. The Common Council recognizes that in 1988 it established the "East Race Waterway Promotional and Development Fund" by the passage of Ordinance No. 7886-88. This dedicated fund is used to receive monies and all interest earned on said monies for the purpose of promoting and developing the East Race Waterway. The Board of Park Commissioners of the City of South Bend will be adopting a Resolution (copy attached) requesting that three (3) separate non-reverting capital improvement funds be established. The funding mechanism for each new fund would be the increment increase of selected user fees and charges addressed in that Resolution. The Informal Mayor/Council Session held on November 17, 1992 outlined the short and long term goals of the Park Department. The Park Board has determined that in order to provide and make available to the public,quality park facilities and programs such as the Potawatomi Zoo, the Erskine, Studebaker and Elbel Golf Courses and other parks activities, that an increase in fees will be necessary. It has also been determined that the amount of the increment increase of each of the selected fees should be deposited into separate non-reverting funds. Accordingly,the increment increase of the fees for the entrance to Potawatomi Zoo would be deposited into the Potawatomi Zoo Non-Reverting Capital Improvement Fund; the increment increase for green fees for the use of Erskine, Studebaker and Elbel golf courses would be deposited into the Municipal Golf Course Non-Reverting Capital Improvement Fund; and the increment increase or new fees related to oven rentals and obtaining permits for the use of alcoholic beverages at specific park locations would be deposited into the Park and Picnic Facilities Non-Reverting Capital Improvement Fund. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,INDIANA, as follows: SECTION 1. Chapter 2, Article 14, of the South Bend Municipal Code is hereby amended by the addition of new Sections 2-170.2, 2-170.3 and 2-170.4 which shall read in their entirety as follows: Sec. 2-170.2 Potawatomi Zoo Non-Reverting Capital Improvement Fund. (a) The Potawatomi Zoo Non-Reverting Capital Improvement Fund is established pursuant to I.C. 36-10-4-16.