Los Angeles Administrative Code § 5.111.5 Creation and Administration of Fund.
Sec. 5.111.5. Creation and Administration of Fund.
(a) There is hereby created and established within the Treasury of the City of Los Angeles a special fund to be known as the “Programs for People with Disabilities Trust Fund,” hereinafter referred to as the “Fund.”
(b) The Fund shall be used to augment established programs and activities of the Department on Disability and may be used for the purchase of equipment, services or furnishings in support of said programs and activities, subject to any special terms or conditions attached to individual gifts, contributions or bequests to the Fund.
(c) All offers of monetary gifts, contributions, or bequests for any of the purposes set forth above which exceed in value the sum of $5,000, shall be submitted to the City Council for acceptance or rejection. All offers of monetary gifts, contributions or bequests for the above stated purposes the value of which is $5,000 or less, may be accepted or rejected by the Director of the Department on Disability, hereinafter referred to as “Director” or such Director’s designee.
(d) All offers accepted by the City Council or by the Director or the Director’s designee shall be placed in the Fund.
(e) The Director shall inform the Controller of any special terms or conditions placed upon the use of the money deposited in the Fund, and under which the money was accepted either by the City Council or by the Director. The Controller shall establish a special account within the Fund for each accepted monetary gift, contribution or bequest which is so limited. No money shall be expended therefrom except in satisfaction of and in compliance with those special terms or donations under which the money was accepted. Any request by the Director for an expenditure of money from any such special account shall be accompanied by information to the Controller that the expenditure of said money does not breach or violate the special terms or conditions under which the money was accepted and placed in the special account involved.
All other monetary gifts, contributions, or bequests which were accepted without special terms or conditions upon their use shall be placed in a separate account established in the Fund by the Controller for such purpose.
(f) The Fund shall be administered and expenditures therefrom shall be authorized by the Director or the Director’s designee in accordance with established City practice, provided, however, that no expenditure shall be made from such Fund for purposes which are contrary to the budget policy of the Department on Disability as established by the Mayor and Council.
(g) The Director shall report to the City Council semiannually, commencing on the April 1 or October 1 date immediately following termination of the first six month period after the establishment of the Fund, regarding expenditures from the Fund and the purposes for which the expenditures were made.
(h) Any grants received from another governmental agency shall not be subject to provisions of this article.
SECTION HISTORY
Added by Ord. No. 160,293, Eff. 9-21-85.
Amended by: Ord. No. 176,164, Eff. 9-28-04.