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Section 3: Purpose and Use of "The Fund" <br /> a. The purpose of"The Fund" is to provide for the long-term maintenance and care <br /> of "The Facility". <br /> b. The expenditure of monies from "The Fund" shall be restricted solely to the <br /> maintenance, repair and replacement of all interior and exterior components of <br /> "The Facility", including but not limited to,walls, floors,ceilings, roofs,pools, <br /> pool features and accessories, pool equipment, parking lots etc. and for the <br /> maintenance, repair, replacement of furniture, fixtures and equipment, including <br /> any new additional furniture, fixtures or equipment that may be needed from <br /> time to time, located in or on the premises of "The Facility". <br /> Section 4: Council Approval Required to Expend Monies from "The Fund" <br /> All expenditures from"The Fund" shall first require the affirmative vote of the <br /> majority of the entire City Council. <br /> Section 5: <br /> That all ordinances or parts of ordinances in conflict herewith are hereby repealed <br /> to the extent of such conflict. <br /> PASSED and APPROVED this V_day of <br /> , 2017. <br /> APPROVED: <br /> Mayor Rick El g <br /> ATTEST: <br /> 71LWf <br /> Denise Johnston, City Cl k <br /> Approved as to Form: <br /> U4,f­m 7 City Attorney <br />