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Ordinance No. 18954
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Ordinance No. 18954
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Last modified
6/10/2010 3:42:39 PM
Creation date
5/4/2009 2:38:05 PM
Metadata
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Council Ordinances
CMO_Document_Number
18954
Document_Title
Establishment of Performing Arts Unearned Income Fund; amending Section 2.525 of the Eugene Code, 1971; adding a new Section 2.529 to that Code; and declaring an emergency.
Adopted_Date
4/21/1982
Approved Date
4/21/1982
CMO_Effective_Date
4/21/1982
Signer
R. A. "Gus" Keller
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18955 <br />1} The finance officer may issue checks to a cit <br />PY Y <br />bills in amounts not to exceed $3,000.00 er check and ' <br />P in an <br />aggregate sum not to exceed $10,000.00 in the interval between <br />council meetings. The finance officer may issue checks in <br />excess <br />of $3,040.00 and of the $10,000.00 limitation if the are ' <br />y issued <br />to: <br />~i} Pay promotors, performers and vendors for er-~ <br />P <br />formances at and deliveries to the Eugene Perfarmin <br />g Arts <br />Center on the day of performance or deliver . <br />y <br />Section 2. There is hereby added to the Eu ene Code 1 <br />9 ~ 971, a <br />new section to be numbered and provide: <br />2.529 Performin Arts Unearned Income Fund ~- Administ ' <br />ration. <br />1} The finance officer is authorized to establish such <br />accounts authorized by ORS 294.0357} as are necessar to de osit <br />y P <br />receipts of unearned income and disburse the funds when e <br />arned. <br />Unearned income means advance sales of admission tickets <br />including advance collection of the patron user fee and <br />room and <br />hall deposits. <br />2} The finance officer ; ~ a~Tf-hnr i ~o~ ~-„ Ar~.,~ ; ~~,. <br />agreements with banks and other institutions providin and <br />9 <br />allowing for the purchase by credit card of admission tick <br />ets to <br />the Eugene Performing Arts Center, includin advance col ' <br />g lectlon <br />of the patron user fee, and the deposit of credit card re ' <br />ceipts <br />into appropriate bank accounts. <br />Ordinance - 2 <br />
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