New Orleans City Code § 70-415.200 Fund established.
Sec. 70-415.200. - Fund established.
(a) In accordance with the provisions of section 6-207 of the Charter, the New Orleans "Imagine It Clean Trust Fund" is hereby established to receive allocations for its operating budget from various funding sources, including advertising revenue, donations, and other monetary contributions from private individuals, corporations, and other institutions and entities in the private sector, to support the programs and activities of the Imagine It Clean program.
(b) Funds will be accepted either on an unrestricted basis, or for the support of a specific program, project, activity, or other use designated by the donor and agreed to by the director of sanitation and the chief administrative officer.
(c) Funds to be received conditionally should be reviewed by the board of city trusts, as required by section 4-1802 of the City Charter.
(d) The fund hereby established shall be administered by the director of the department of finance and shall be kept in an interest bearing account to the benefit of and to become a part of the fund.
(e) All expenditures from such fund shall be made in accordance with the department of finance procedures and requirements.
(f) Such fund shall be subject to audit as part of the city's annual financial audit.
(M.C.S., Ord. No. 21445, § 1, 3-4-04)