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HomeMy WebLinkAboutD-1844-07 Brookshire Golf Course Fund 905 SPONSOR (s): Councilor(s) Sharp and Carter ORDINANCE D-1844-07 AN ORDINANCE OF THE COMMON COuNCIL OF THE CITY OF CARMEL, INDIANA, ESTABLISHING THE BROOKSHIRE CITY GOLF COURSE FUND WHEREAS, the Common Council of the City of Carmel, Indiana, adopted Ordinance D-600, which establ.ished the Carmel Redevelopment Commission on March 20, 1989, and WHEREAS, the Carmel Redevelopment Commission has determined that there is a need to establish a separate fund for the collection and expenditure of funds for'the Brookshire City Golf Course. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel, Indiana, as follows: Section 1. The foregoing Recitals are fully incorporated herein by this reference. Section 2. Chapter 2, Article 4, of the Carmel City Code is hereby amended to include new Code Section 2-128, which shall read as follows: "Sec. 2-128. Brookshire City Golf Course (Fund 905) a) There is established a Brookshire City Golf Course Fund. b) The Brookshire City Golf Course Fund shall consist of monies received by Brookshire City Golf Course, plus all investment earnings thereon. c) The Brookshire City Golf Course Fund shall be initially funded by the Carmel Redevelopment Commission (in the amount of $1 00,000) and used for any purpose authorized by applicable law with all monies being properly receipted and disbursed. d) The Brookshire City Golf Course Fund shall be administered by the fiscal officer of the City." Section 3. The remaining provisions of City Code Chapter 2, Article 4, are not affected by this Ordinance and remain in full force and effect. Section 4, Should any provision or portion of this Ordinance be declared by a court of competent jurisdiction to be invalid for any reason, the remaining provisions shall not be affected so long as they can, without the invalid provision, be given the effect intended by the Common Council in adopting this Ordinance. To this end, the provisions of this Ordinance are severable. Section 5. This Ordinance shall be in full force and effect from and after its passage, signing by the Mayor and such publication as in required by law. -8- PASSED by the Common Council of the City of Carmel, Indiana, this S+l-- day of ~~_2007, by a vote of ~ ayes and 0 nays. ATTEST: '~~iC Diana L. Cordray, IAMC, Clerk-Tr SPONSOR (s): Councilor(s) Sharp and Carter , Kevi y NOT P~ese;.J1 c;;:;a~-X~ Mark Ratte . ~. Presented by me to the Mayor of the City of Carmel, Indiana this L day Ofj.~ 2007 at 1:00 ~.M. ~~~ Approved by me, Mayor of the City of Carmel, Indiana, this S-tk day Ofj-~ 2007, at -roo f .M. I ATTEST: ~1N ~/ Prepared by: Diana L. Cordray, Clerk-Treasurer CITY OF CARMEL