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<br />(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 /> <br />(d) This fund is eligible for inter-fund loans. <br /> <br />SECTION 3 SUMMARY <br /> <br />The following official summary of Ordinance #07-24 has been approved by the City Council <br />of the City of Ramsey as clearly informing the public of the intent and effect of the <br />Ordinance. <br /> <br />This Ordinance #07-24 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 /> <br />SECTION 4 EFFECTIVE DATE <br /> <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 /> <br />Adopted by the Ramsey City Council the 27'" ~ <br />~\ - <br />- <br />Mayor <br /> <br /> <br />Introduction Date: <br />Posting Dates: <br /> <br />Adoption Date: <br />Publication Date: <br />Effective Date: <br /> <br />November 13.2007 <br />November 13 - 28.2007 <br /> <br />November 27. 2007 <br />November 30. 2007 <br />Januarv 2. 2008 <br /> <br />Ordinance #07-24 <br />Page 2 of2 <br />