FINANCIAL RESPONSIBILITIES

Los Angeles Administrative Code div. 22, ch. 25, art. 3

in effect

Los Angeles Administrative Code § 22.629 Operating Expenses.

Sec. 22.629. Operating Expenses. All of the costs and expenses incurred in the operation, management, maintenance and control of the Monument or related thereto shall be paid by the Department from the revenues received from the operation of the Monument or from other activities or sources by the Department. SECTION HISTORY Added by Ord. No. 167,902, Eff. 6-13-92.

Los Angeles Administrative Code § 22.630 El Pueblo de Los Angeles Historical Monument Revenue Fund.

Sec. 22.630. El Pueblo de Los Angeles Historical Monument Revenue Fund. All revenues derived from the operation of the Monument or activities at the Monument, including the proceeds from any rental or lease thereof, all other revenues or monies received by the Department, and all appropriations made to the Department, shall be deposited into a special interest earning trust fund to be designated as the “El Pueblo de Los Angeles Historical Monument Revenue Fund,” which fund is hereby established. Said fund is hereinafter referred to in this chapter as the “Fund”. All interest and earnings which accrue from the investment of monies in the Fund shall accrue and be deposited to the credit of the Fund. All costs and expenses incurred in the operation, management, maintenance and control of the Monument or related thereto, shall be paid solely from the Fund. The Trust Fund shall be under the exclusive control of the Board and all expenditures and deposits shall be made in accordance with this chapter and the rules and procedures established by the Board. The monies deposited in the Fund shall be expended solely for the purposes set forth herein and shall not revert to the General Fund. SECTION HISTORY Added by Ord. No. 167,902, Eff. 6-13-92.

Los Angeles Administrative Code § 22.631 Limitations on Support from the General Fund.

Sec. 22.631. Limitations on Support from the General Fund. The General Fund shall not be obligated to finance any cost or expense associated with the operation, management, maintenance or control of the Monument. However, nothing shall preclude the City Council, with the approval of the Mayor, from appropriating funds for such purposes to the Department. The City Council intends that the proceeds of the bond issue authorized by the voters in 1990 (Proposition G) and designated to seismically stabilize buildings and structures in the Monument be applied for the approved purpose as determined by the Board. SECTION HISTORY Added by Ord. No. 167,902, Eff. 6-13-92.

Source: City of Los Angeles, Charter and Codes (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/los_angeles/latest/laac/0-0-0-52934Fetched: 10/24/2026