HomeMy WebLinkAboutOrdinances Book 17, Page 165, Ordinance Number 70-5-327165
ORDINANCE NO. 70-5-327
AN ORDINANCE CREATING A CHARITABLE GIFT ACCOUNT FOR THE
CITY OF PADUCAH, KENTUCKY, AND PRESCRIBING PROCEDURES FOR ITS OPERATION
WHEREAS, as a governmental body, the City of Paducah may
receive charitable gifts and the donors or testators may obtain tax
deductipns for such gifts, and
WHEREAS, the City needs revenue for many purposes which could
be substantially supported or initiated from gifts, bequest's and
endowments, and
WHEREAS at this time the City of Paducah needs substantial
sums of money over its anticipated tax revenues for the reconstruction
of the swimming pool and bath house facilities at Noble Park,
NOW THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS
OF THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the City Treasurer establish an account
entitled "City of Paducah Charitable Gift Receipt Account" for the
purpose of accounting for all gifts received and accepted by the City.
SECTION 2. That the City Treasurer be, and he is hereby,
authorized and directed to establish all necessary bank accounts and
procedures and systems necessary to receive, accept and account for
all charitable gifts of any nature and from any source which may
come to the City, and to provide appropriate receipts to all donors
or testators and to establish procedures for appraising non-cash gifts.
SECTION 3. The City Manager is hereby directed to determine
the acceptability of all gifts for designated purposes other than
operations and facilities now operated or owned by the City.
SECTION 4. The City Manager is hereby given the duty of
promoting gifts for the City for general purposes and for such
specific purposes as the Board may from time to time find to be a
need of the City.
SECTION 5. This ordinance shall be in full force and effect
from and after its adoption.
Mayor
Passed by the Board of Commissioners May 26, 1970
Recorded by Sarah Thurman, City Clerk, May 26, 1970