CHAPTER 15
GREEN RIVER WILDLIFE AND GREENBELT PRESERVATION FUND

SECTION:

5-15-1:    Fund Established, Created

5-15-2:    Exclusive Use Of Monies

5-15-3:    Amendments

5-15-4:    Duties Of Director Of Finance

5-15-1 FUND ESTABLISHED, CREATED:

There is hereby established and created a special fund to be known as the Green River Wildlife and Green Belt Preservation Fund. The primary purpose of said Fund is to accept donations in money, real or personal property or mixed, for the purchase, acquisition and condemnation of lands in the Green River Valley located within the territorial jurisdiction of the City of Renton toward preservation and maintenance of open spaces for wildlife habitat, wetlands and similar purposes.

A.    Said Fund is created for the specific purpose of accepting such donations from any person, firm or corporation, whether private, public or quasi-public, to carry out and implement the aforestated purposes.

5-15-2 EXCLUSIVE USE OF MONIES:

The monies in said Fund as donated and bequeathed unto the City shall be expended solely for the purposes hereinabove specified and no monies in said Fund shall be expended for any other purpose or purposes other than those specified hereinabove without an approving vote by a majority plus one of all Councilmen elected.

5-15-3 AMENDMENTS:

The Fund herein established shall implement the policies and goals of the State’s Environmental Policy Act (SEPA) and as same may be amended from time to time. Any monies in said Fund at the end of any fiscal year shall not lapse nor shall the same be a surplus available or which may be used for any other purpose or purposes than specified hereinabove unless otherwise determined by a majority plus one of all Councilmen elected.

5-15-4 DUTIES OF DIRECTOR OF FINANCE:

The Director of Finance of the City of Renton is hereby authorized and instructed to create and establish such a Fund, as hereinabove specified and to report unto the Mayor and the Council from time to time as to any donations and acquisitions made thereunder. (Ord. 2982, 11-10-75, eff. 11-19-75)