Chapter 3.119
PUBLIC FACILITIES DISTRICT—CAPITOL THEATRE FUND

Sections:

3.119.010    Fund created—Purposes.

3.119.020    Source of funds.

3.119.030    Expenditures.

3.119.010 Fund created—Purposes.

There is created a fund to be known as the “public facilities district—Capitol Theatre fund.” Money in this fund shall be expended to pay debt service for and other costs of the Capitol Theatre and/or the Yakima regional public facilities district. (Ord. 2009-23 § 1 (part), 2009).

3.119.020 Source of funds.

From time to time, the city council shall budget, appropriate or otherwise authorize the transfer of money from any available source into such fund. These may include the sales tax credit received from the public facilities district, and other resources as deemed appropriate by the council. (Ord. 2009-23 § 1 (part), 2009).

3.119.030 Expenditures.

Expenditures from such fund shall be only for the purposes mentioned in YMC 3.119.010. No expenditures shall be made from such fund unless the city council approves such expenditures by passing an ordinance appropriating money within the fund for the purpose for which the expenditure is to be made, or by including an appropriation for such purpose in the budget. (Ord. 2009-23 § 1 (part), 2009).