HomeMy WebLinkAbout4282 ORDINANCE
AN ORDINANCE creating a special revenue fund of the City of Bremerton to be
called The Admiral Theater Fund and designating the use thereof.
WHEREAS, a special revenue fund restricted to support for the City's Admiral
Theater facility would encourage direct public contribution in support of this program, as
well as serving as a cumulative reserve for City appropriations for the program, now,
therefore,
THE CITY OF BRE~RTON DOES HEREBY ORDAIN:
Section 1. New Chapter. A new Chapter 3.21, ADMIRAL THEATER FUND, is
hereby added to Title 3 of the Bremerton Municipal Code to read as follows:
3.21.100 ESTABLISHED. There is hereby established a special revenue fund to be
called "The Admiral Theater Fund" for the purpose of receiving and disbursing funds for the
support of the City's Admiral Theater performing and visual arts complex to include
donations, bequests and city appropriations, including admission tax revenue from the
Admiral Theater and any contracted revenue sources.
3.21.200ADMINISTRATION AND EXPENDITURES. The Admiral Theater Fund
shall be operated as a special revenue fund administered by the City Treasurer and the
Mayor. All monies received by the fund, together with investment earnings thereon, may
be expended only for the following program purposes:
(a) Capital expenditures for renovation, maintenance and improvements to the
Admiral Theater facility;
Co) Repayment of General Fund or Civic Improvement Fund appropriations to
The Admiral Theater Fund.
APPROVED by the City Council of the City of Bremerton this ~2 .~- day of
~/ , 1990.
PASSED by the City Council of the City of Bremerton this J day of
_~, ~, 1990.
LYNN HORTON, Council President
APPROVED this ~ dayof ~c.,.q~.~/ 1990.
L(~OIS MEN'I~O'I~, Mayor
ATrEST:
~THLEEN MCcLHS~Y, City~lerk