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ORDINANCE NO. 3483
AN ORDINANCE of the City Council of the City of Port Angeles,
Washington, for creation of a Special Revenue Fund and
transferring operational assets from the Esther Webster Fine Arts
Center Trust Fund to the Special Revenue Fund.
WHEREAS, Ordinance No. 2380, Section 2 established in the City Treasury a fund for
the fiscal administration and accounting for moneys from the Esther Webster Estate held in
trust. Said fund is titled "Webster Fine Arts Center Trust Fund ", and it has been used to hold
both trust revenue and operating funds.
WHEREAS, in order to implement best financial practices, the trust principal, which are
restricted trust funds, should be separated from funds used for the day -to -day operations of the Webster
Fine Arts Center Trust.
NOW, THEREFORE, the City Council of the City of Port Angeles does ordain as
follows:
Section 1. There is hereby created a new Special Revenue Fund to be known as the
Fine Arts Center Special Revenue Fund.
Section 2. The Fine Arts Center Special Revenue Fund is to be used exclusively
for the operational revenue and expenses of the Fine Arts Center. All revenue designated for
the operation of the Fine Arts Center from whatever source shall be paid into this fund. All
costs and expenses of the normal, day -to -day operation of the Fine Arts Center shall be paid
from this fund.
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Section 3. The Chief Financial Officer is directed to transfer to the Fine Arts Center
Special Revenue Fund all operating funds currently held in the Webster Fine Arts Center Trust
Fund. The City's Director of Parks and Recreation is charged with administration of the Fine
Arts Center Special Revenue Fund.
Section 4 - Severability. If any provisions of this Ordinance, or its application to
any person or circumstances, are held invalid, the remainder of the Ordinance, or application
of the provisions of the Ordinance to other persons or circumstances, is not affected.
Section 5 - Effective Date. This ordinance, being an exercise of a power specifically
delegated to the City legislative body, is not subject to referendum. This ordinance shall take
effect five days after its publication by summary.
PASSED by the City Council of the City of Port Angeles, Washington, at its regular
meeting on the 6th day of August, 2013.
ATTEST:
a Hurd, City Clerk
PUBLISHED: G t tip l J t go 5
By ummary
t
Cherie Ki d, Mayor
APPROVED AS TO FORM:
William E. Bloor, City Attorney
H \a ORDINANCES &RESOLUTIONS \ORDINANCES 2013 \08 - Esther Webster Fine Arts Center 06 26 13 wpd December 31, 2008
Summary of Ordinance Adopted by the
Port Angeles City Council
On August 6, 2013
Ordinance No. 3483
THIS ORDINANCE of the City of Port Angeles, Washington, creates a Special Revenue Fund
and transfers operational assets from the Esther Webster Fine Arts Center Trust Fund to the
Special Revenue Fund.
The full texts of the Ordinances are available at City Hall in the City Clerk's office, on the City's
website at www.cityofpa.us, or will be mailed upon request. Office hours are Monday through
Thursday, 8:30 a.m. to 4:00 p.m., and Friday 8:30 a.m. to 12:30 p.m. These Ordinances shall
take effect five days following the date of publication by summary.
Janessa Hurd, CMC
City Clerk
Publish: August 11, 2013