Loading...
HomeMy WebLinkAboutD-2403-17 Establishes the Bicycle Facilities FundSponsor: Councilor Kimball ORDINANCE D-2403-17 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL, ADDING CHAPTER 2, ARTICLE 4, SECTION 2-147 TO THE CARMEL CITY CODE Synopsis: Establishes the City of Carmel Non -Reverting Bicycle Facilities Fund (Fund #921), which Fund shall be used to hold monies received from and expended for the operation and maintenance of City bicycle facilities and amenities. WHEREAS, the Common Council of the City of Carmel, Indiana is, pursuant to Indiana Code 36-4-6-18, authorized to pass ordinances and resolutions regarding the control of the City's finances and the appropriation of money; and WHEREAS, the Common Council of the City of Carmel desires to establish a fund for the revenue and expenses for bicycle facilities in the City; and WHEREAS, the City may receive revenue from private sources, public sources, grants and contribute to the fund itself; and WHEREAS, monies from the fund will be allocated toward the purchase and maintenance of the City's bicycle facilities and amenities; and WHEREAS, the creation and operation of such a fund is in the public interest. NOW, THEREFORE, BE IT ORDAINED, by the Common Council of the City of Carmel, Indiana, as follows: Section 1: The foregoing Recitals are incorporated herein by this reference. Section 2: That Chapter 2, Article 4, Section 2-147 is hereby added to the Carmel City Code and shall read as follows: "Sec 2-147 Non -Reverting Bicycle Facilities Fund (Fund #921) (a) There is established a City of Carmel Non -Reverting Bicycle Facilities Fund. (b) The funds contained in the Non -Reverting Bicycle Facilities Fund shall be received and deposited therein from all lawful sources in accordance with applicable law. (c) The funds in the Non -Reverting Bicycle Facilities Fund shall only be used for the purchase and maintenance of the City's bicycle facilities and amenities. Ordinance D-2403-17 Page One of Three This Ordinance was prepared by Jon A. Oberlander, Senior Assistant City Attorney, on 11/21/17 at 11:11 a.m. No subsequent 1 revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. Sponsor: Councilor Kimball (d) Monies in the Non -Reverting Bicycle Facilities Fund shall not be transferred into the General Fund, except as provided by applicable law. (e) The Non -Reverting Bicycle Facilities Fund shall be administered by the fiscal officer of the City. (f) The funds contained in the Non -Reverting Bicycle Facilities Fund shall be accounted for and maintained separate and apart from all other City funds, and shall be invested with the interest earned thereon deposited in the Non -Reverting Bicycle Facilities Fund. (g) In the event the Non -Reverting Bicycle Facilities Fund is terminated, all unexpended funds maintained therein shall be distributed to the City and deposited in the General Fund." Section 3. That the remaining provisions of Carmel City Code Chapter 2, Article 4, are not affected by this Ordinance and remain in full force and effect. Section 4. This Fund shall be identified as fund (#921). Section 5. If any portion of this Ordinance is for any reason declared to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portions of this Ordinance so long as enforcement of same can be given the same effect. Section 6. This Ordinance shall be in full force and effect from and after its passage and signing by the Mayor. Ordinance D-2403-17 Page Two of Three This Ordinance was prepared by Jon A. Oberlander, Senior Assistant City Attorney, on 11/21/17 at 11:11 a.m. No subsequent 2 revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise. Sponsor: Councilor Kimball PASSED by he Common Council of the City of Carmel, Indiana this � day of ►� '02017, by a vote of _ ayes and �_ nays. 5qCOMM N COUNCIL FOR THE CITY OF CARMEL a , �- P Sue Fink4njresidek y Green evin D. Rider, Vice -President H. Bruce Kimball Laura D. Campbell J f o ell Ron E. Carter ATTEST: Christine 9,Pauley, Clerk -Treasurer fn Presented by me to the Mayor of the CityCarmel. Indiana this day of 2017, at : Y p S. Paule,*, Clerk - Approved by rne, Mayor of the City of Carmel; Indiana, this f day of J17d CIO !-4Z 2017, at�.M. James Brainard, Mayor Ordinance D-2403-17 Page Three of Three This Ordinance was prepared by Jon A. Oberlander, Senior Assistant City Attorney, on 11/21/17 at 11:11 a.m. No subsequent 3 revision to this Ordinance has been reviewed by Mr. Oberlander for legal sufficiency or otherwise.