Ordinance 1995-8

AN ORDINANCE TO ESTABLISH A PARK AND RECREATION FUND

BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF MILLERSBURG:

Section 1. There is created a Park and Recreation Fund.

Section 2. All funds coming from taxes levied by the Town of Millersburg and appropriated by the Town Council, other than funds designated for the non-reverting capital improvement fund, shall be placed in the fund and paid out on claims allowed by the Town Council pursuant to appropriations.

Section 3. Any moneys remaining in said Fund at the end of the year and not committed shall revert to the general fund of the Town and be subject to appropriation for this Fund or for any other Fund as determined by the Town Council.

Section 4. This ordinance shall be effective upon passage and shall apply to funds appropriated for the year 1996.

ADOPTED THIS 7^th DAY OF AUGUST, 1995.