Ordinance 32290006.90000
CDI
3/19/98
R:04 /08 /98gjz
ORDINANCE NO. 3229
AN ORDINANCE OF THE CITY OF EDMONDS,
WASHINGTON, CREATING A NEW CHAPTER 3.14
ENTERPRISE FUND CREATING AND ESTABLISHING A
FUND FOR THE SALE OF CITY MERCHANDISE TO
ENCOURAGE ECONOMIC DEVELOPMENT AND PROMOTE
TOURISM, PROVIDING FOR FUND ADMINISTRATION,
USE AND RECORD KEEPING AND FIXING A TIME WHEN
THE SAME SHALL BECOME EFFECTIVE.
WHEREAS, the Mayor and City Council desire to encourage economic
development within Edmonds under the provisions of RCW 35.21.703; and
WHEREAS, the Mayor and City Council desire to promote tourism in Edmonds
under the provisions of RCW 35.21.700; and
WHEREAS, the City Council has determined on the recommendation of the
Mayor that the sale and distribution of merchandise displaying the City's emblem would promote
economic development and tourism through name recognition and the enhancement of the City's
image as a place to visit, reside and /or do business, as well as other lawful statutory purposes;
and
WHEREAS, the City desires to establish a special fund to administer the sale and
distribution of such merchandise; NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO
ORDAIN AS FOLLOWS:
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Section 1. A new Chapter 3.14 Enterprise Fund is added to Title 3 of the
Edmonds City Code to read as follows:
Chapter 3.14
Enterprise Fund
3.14.010 Enterprise fund created.
There is hereby created a special fund entitled the "Enterprise
Fund" to be used as a revolving fund for the expenditure of funds
for and from any and all expenses required to purchase, design,
imprint, promote and sell merchandise with the City's name or
emblem and to be used in the administration and operation of the
fund and for the retention, investment or reinvestment of principal
and revenues derived.
3.14.020 Administration.
The enterprise fund shall be administered under the direction of the
Mayor.
3.14.030 Placement of money.
The Edmonds City Council may, from time to time, appropriate to
the enterprise fund from monies available for purposes for which
the fund has been authorized.
3.14.040 Use of the fund.
The City shall sell licensed merchandise bearing the City's name,
emblem or other devices which encourage economic development
and promote tourism, by the use of the enterprise fund, subject to
the laws governing the purchase and sale of property.
3.14.050 Disposition of sale proceeds.
Proceeds received by the City from the sale or distribution of
licensed merchandise shall be returned to the enterprise fund,
provided, however, that at the sole discretion of the City Council
its original appropriation for the purchase price of such
merchandise or the creation of any emblem or device made by the
City may be withdrawn from money available in the fund. The
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City Council may, at its discretion, withdraw surpluses for return
to the general fund or to terminate the fund.
3.14.060 Account and records.
The Finance Director shall cause to be kept books, accounts and
records as are necessary to control and report the financial
operations of the enterprise fund, and shall further subdivide the
cash account into the following separate accounts:
A. Account A, which shall be the "current
operating account" into which shall be
placed those portions of the charges made in
accordance with the provisions of Section
3.14.070, which shall be specifically used to
purchase, design, imprint, promote and sell
City merchandise and to administer and
operate the enterprise fund.
B. Account B, which shall be the "enterprise
reserve account" into which shall be placed
those portions of charges made in
accordance with the provisions of Section
3.14.070, which are specifically billed to
provide sufficient money, having first taken
into consideration the necessary operating
and administrative costs billed under
paragraph A, to pay the costs of purchasing,
designing, imprinting, promoting and selling
City merchandise as required to carry out
the purpose of the enterprise fund.
3.14.070 Charges - Schedule.
There shall be paid monthly into the enterprise fund money
collected from the sale or distribution of City merchandise. The
charges for City merchandise shall be sufficient to cover the
purchase, design, imprint, promote and sell City merchandise and
the administration and operation of the enterprise fund, and may
allow for a reasonable profit to permit the City to keep a reserve
account for times when the enterprise account is not self - sufficient.
All profit collected shall be placed in the enterprise reserve
account to carry out the purpose of the enterprise fund. At its
discretion, the City Council or Mayor may authorize distribution
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of merchandise at prices at or below cost of production without
charge in order to further lawful purposes, such as the
encouragement of economic development or promotion of tourism.
Section 2. Severbility. If any section, sentence, clause or phrase of this
ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction,
such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other
section, sentence, clause or phrase of this ordinance.
Section 3. Effective Date. This ordinance, being an exercise of a power specifi-
cally delegated to the City legislative body, is not subject to referendum, and shall take effect
five (5) days after passage and publication of an approved summary thereof consisting of the
title.
ATTEST /AUTHENTICATED :
-
CITY CLERK, SANDRA S. CHASE
APPROVED AS TO FORM:
OFFICE OF THE CITY ATTORNEY:
BY & 3z
FILED WITH THE CITY CLE
PASSED BY THE CITY COUNCIL:
PUBLISHED:
EFFECTIVE DATE:
ORDINANCE NO. 3229
APPROVED:
"MAYG7, ;. •;. •
10/23/98
10/27/98
11/03/98
11/08/98
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SUMMARY OF ORDINANCE NO. 3229
of the City of Edmonds, Washington
On the 27th day of October, 1998, the City Council of the City of Edmonds, passed
Ordinance No. 3229. A summary of the content of said ordinance, consisting of the title,
provides as follows:
AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, CREATING A NEW
CHAPTER 3.14 ENTERPRISE FUND CREATING AND ESTABLISHING A FUND FOR
THE SALE OF CITY MERCHANDISE TO ENCOURAGE ECONOMIC DEVELOPMENT
AND PROMOTE TOURISM, PROVIDING FOR FUND ADMINISTRATION, USE AND
RECORD KEEPING AND FIXING A TIME WHEN THE SAME SHALL BECOME
EFFECTIVE.
The full text of this Ordinance will be mailed upon request.
DATED this 28th day of October, 1998.
CITY CLERK, SANDRA S. CHASE
RCW 35.21.700 Tourist promotion.
Any city or town in this state acting through its council or other legislative body shall have power
to expend moneys and conduct promotion of resources and facilities in the city or town, or
general area, by advertising, publicizing, or otherwise distributing information for the purpose of
attracting visitors and encouraging tourist expansion. [1971 ex.s. c 61 § 2.]
Filed with City Clerk: /0 -.3 -98
Adopted by Reference
Ordinance on /0-a7= 98
City Clerk
Page [ 1 ] 11/10/98
RCW 35.21.703 Economic development programs.
It shall be in the public purpose for all cities to engage in economic development programs. In
addition, cities may contract with nonprofit corporations in furtherance of this and other acts
relating to economic development. [1985 c 92 § 1.]
Filed with City Clerk: /0-a3 -98
Adopted by Reference
Ordinance # UR2 on /0 -X/ 98
MgLIA' Z.
City Clerk
Page [ 1 ] 11/10/98
STATE OF WASHINGTON,
COUNTY OF SNOHOIYISH,
SUM1v1ARY-OF
ORDINANCE NO. 3229
of the City of Edmonds,
Washington
On the 27th day of October,
1998, the City Council of the City
Of Edmonds, passed Ordinance
No. 3229. A summary of the
content of said ordinance, con-
sisting of the title, provides as
follows;
AN ORDINANCE OF THE CITY
OF EDMONDS, WASHINGTON,
CREATING A NEW CHAPTER
3.14 ENTERPRISE
FUND CRE-
ATING AND ESTABLISHING A
FUND FOR THE SALE OF CITY
MERCHANDISE TO ENCOUR-
:AGE ECONOMIC DEVELOP-
MENT AND PROMOTE TOUR-
ISM, PROVIDING FOR FUND
ADMINISTRATION, USE AND
RECORD KEEPING AND FIX-
ING A TIME WHEN THE SAME
SHALL BECOME EFFECTIVE.
The full te)d of this Ordinance
will be mailed upon request.
DATED this 28th day of f
October, 1998.
CITY CLERK,
SANDRA S. CHASE
Published: November 3, 1998.
B -2 -1
ss.
Affidavit of Publication
The undersigned, being first duly sworn on oath deposes and says
that she is Principal Clerk of THE HERALD, a daily newspaper
printed and published in the City of • Everett, County of Snohomish,
and State of Washington; that said newspaper is a newspaper of
general circulation in said County and State; that said newspaper
has been approved as a legal newspaper by order of the Superior
Court of Snohomish County and that the notice ......... ...............................
...... SuTmary.. of ..Ordinance ..No. .. ..3229 .............. ......................... ......
. .......................................................................... ............................... ............................
a printed copy of which is hereunto attached, was published in said
newspaper proper and not in supplement form, in the regular and
entire edition of said paper on the following days and times, namely:
i998...................................................... ............... .......... ......
El" . ............................ ............................. .. ............------ ...........said news per was r g•(Ilariy distributed % to its subscribers
of said per _ \ /
..........................
- incinal Clerk
Subscribed and sworn to before me this.......... 3rd ..........
......... ..... vember... ....... .......................
,
..... ............ . ... ..... . . .. .... .......... ............ . .....................
Notary Public in and for the tate o Washington,
residing at Everett, Snoho h Cou ty.
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