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(4) Capital purchases of $1,000 toward which donations are received and to <br />which no City expenditures are required may occur after review and <br />approval by the Park and Recreation Commission. <br />(d) This fund is eligible for inter -fund loans. <br />SECTION 3 SUMMARY <br />The following official summary of Ordinance #07 -XX has been approved by the City <br />Council of the City of Ramsey as clearly informing the public of the intent and effect of the <br />Ordinance. <br />This Ordinance #07 -XX amends language regarding the use of Charitable Gambling Funds to <br />allow expenditures for community programs and services and updates the process to reflect <br />current and past practice. <br />SECTION 4 EFFECTIVE DATE <br />The effective date of this ordinance is thirty (30) days after its passage and publication, <br />subject to City Charter Section 5.07. <br />Adopted by the Ramsey City Council the 27 day of November, 2007. <br />ATTEST: <br />Mayor <br />City Clerk <br />Introduction Date: <br />Posting Dates: <br />Adoption Date: <br />Publication Date: <br />Effective Date: <br />-219- <br />