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HomeMy WebLinkAbout3623 AN ORDINANCE establishing the Park and Recreation Facility Development Fund. THE CITY OF BREMERTON DOES'ORDAIN AS FOLLOWS: Section 1. The City Treasurer is hereby authorized and directed to establish a Park and Recreation Facility Develop- ment Fund to be used to construct park and recreation facilities. Section 2. The City Treasurer shall transfer the ~olle6tions from theoperation of the Gold Mountain Golf Course, in excess of the sums necessary to pay the golf course debt service and maintenance expenses, to the Park and Recreation Facility' Development Fund. Section 3. Any additional funds received by the City of Bremerton which are committed to park and recreation facility development shall be paid into the Park and Recreation Facility Development Fund. APPROVED by the City Commissioners on the first reading this ~O~ day of ~ , 1981. PASSED by the City Commissioners of the City of Bremerton signed by the Mayor and attested by the City Clerk in authentication of such passage this ~~ day of ~-~ , 1981. ATTEST: KATHLEEN L. MANDIO/Clty C er