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BULLET St. Louis City Revised Code Chapter 5.35 Capital Fund

St. Louis City Revised Code (annotated) has been converted to electronic format by the staff of the St. Louis Public Library. This electronic version has been done for the interest and convenience of the user. These are unofficial versions and should be used as unofficial copies.

Official printed copies of St. Louis City Revised Code may be obtained from the Register's Office at the St. Louis City Hall.



Chapter 5.35
Capital Fund

Sections:

5.35.010 Established.
5.35.020 Committees.
5.35.030 Citizens Advisory Committee for Capital Expenditures.
5.35.040 Capital Committee.

5.35.010 Established.

A. There is hereby created a special fund to be known as the "capital fund," under the care and custody of the Comptroller. Sources of funds for the capital fund shall include, but not be limited to, income generated from the sale of city assets, including real property, but excluding the sale of vehicles, which shall be credited to the capital fund; one-half of any general fund balance from the immediately preceding fiscal year, which shall be appropriated and transferred to the capital fund at the start of each fiscal year, and sources enumerated in Section Seven of the ordinance codified in this section. No funds appropriated in the capital fund may be transferred to any other fund without an amending ordinance.

B. There is hereby created a special fund to be known as the "capital fund--vehicles", under the care and custody of the Comptroller. Sources of funds for the capital fund--vehicles shall include the income generated from the sale of city vehicles and the funds collected as a result of subrogation for damaged vehicles. Said funds can only be used for the purchase of new or used vehicles and can only be expended pursuant to the procedures contained in Ordinance 60419.
(Ord. 66259 1, 2004: prior: Ord. 61250 1, 1989: Ord. 60419 2, 1987.)

5.35.020 Committees.

There are hereby established the following committees set out in this chapter to review and assess capital needs and to develop and recommend the Capital Improvement Plans and corresponding Capital Budgets.
(Ord. 63696 1 (part), 1996: prior: Ord. 63375 1 (part), 1995: Ord. 61250 4 (part), 1989.)

5.35.030 Citizens Advisory Committee for Capital Expenditures.

There is hereby established a Citizens Capital Improvements Advisory Committee to review and assess capital needs and to advise the Capital Committee on the development and recommendation of the Capital Improvement Plans (CIPs) and corresponding Capital Budgets and to review the City's accomplishments with respect to the Capital Budgets approved in previous years. The Citizens Advisory Committee for Capital Expenditures shall consist of the following: two (2) representatives appointed by each member of the City of St. Louis Board of Aldermen, to serve at the pleasure of the respective Aldermen, and four (4) representatives appointed by each member of the City of St. Louis Board of Estimate and Apportionment to serve at the pleasure of the respective member of said Board. Said Committee shall be established immediately upon enactment of the ordinance codified in this chapter into law.
(Ord. 63696 1 (part), 1996: prior: Ord. 63375 1 (part), 1995: Ord. 61250 4(A), 1989.)

5.35.040 Capital Committee.

There is hereby established a Capital Committee to review and assess, with the advice of the Citizen Advisory Committee for Capital Expenditures, capital needs and to develop and recommend the CIPs and corresponding Capital Budgets. The Capital Committee shall consist of the following: the Budget Director, who shall serve as chairman, the Community Development Agency Director, the President of the Board of Public Service, the President of the Board of Aldermen (or his/her designee), one other Alderman appointed by the President of the Board of Aldermen, the Chairman of the Ways and Means Committee of the Board of Aldermen of the City of St. Louis (or his/her designee), the Comptroller (or his/her designee), and one other person from the Comptroller's office who is employed at a management pay grade and appointed by the Comptroller, and the Mayor (or his/her designee).
(Ord. 63696 1 (part), 1996: prior: Ord. 63375 1 (part), 1995: Ord. 61250 4(B), 1989.)

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