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HomeMy WebLinkAboutOrdinance - 2355-1957 - Establishing A Special Fund Designated Memorial Chapter Fund. - 11/14/19571 t -;Jt~-ts rs -:r oaDINXNcE NO. 2355 AN ORDINANCE ESTABLISffiNG A SPECIAL FUND DE5rGNA~T~E"""':'D~11~M--E'"""M-OR ... IAL CHAPPEL FUND11; PROVIDING FOR THE ACCEPTANCE AND/OR RE- JECTION OF CONTRIBUTIONS; PROVIDING FOR RECEIPTS AND RECORDS OF CONTRIBUTIONS; PROVIDING PURPOSE FUNDS ARE TO BE USED FOR AND FURTHER PROVIDING MANNER FOR MAKING EXPENDITURES. WHEREAS, the Cemetery Board is of the opinion that sundry persons will in the future de sire to make contributions toward the c.onstruction of a Memorial Chappel in the City of Lubbock Cemetery for use of the public, and has requeste the governing body of the City to establish an account so designated in which to place such gifts and donations to be used for such limited purpose of c.onstruct- ing and equipping a Memorial Chappel in the City of Lubbock Cemetery; NOW THEREFORE: BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LUBBOCK: SECTION 1. A special fund and account is hereby established and designated MEMORIAL CHAPPEL FUND. SECTION 2. The City of Lubbock~ acting through its Director of Finance will accept any and all charitable co.ntributions such as gifts, donations~ bequests or devises, made to it for the exclusive public purpose of constructing and equipping a Memorial Chappel to be located in the City of Lubbock Cemeter PROVIDED HOWEVER:. that no such contribution shall be placed in said fund other than money or its unincumbered equivalent unless the acceptance of such ' contribution be recommended by the Cemetery Board and approved by the written resolution o£ the City Commission. SECTION 3. The Director o.f Finance shall issue receipts for all contributio s of every nature received by him for the account of the MEMORIAL CHAPPEL FUND and maintain permanent records of all such contributions received by him for said fund as well as all expenditures made therefrom. SECTION 4. The MEMORIAL CHAPPEL FUND shall be held by the City of Lubbock for the sole and exclusive purpose of funds for the construction and equipping of a MEMORIAL CHAPPEL in the City of Lubbock Cemetery:. said Chappel to be constructed at such tiine., place., manner and cost as shall be approved by the City Commission and no expenditure shall be made from said fund for any purpose other than the construction and equipping of said MEM .. ORIAL CHAPPEL,. EXCEPT that pending construction of the Chappel~ said funds may, with approval of the City Commission~ be invested in bonds authorized by law for investment of sinking fWlds. AND IT IS SO ORDERED.; Passed by the C:i:ty Commission on first reading this 14tlday of November , 1957. Passed by the City Commission on second reading this 26 day of embe ., 1957 /~'· La venia