HomeMy WebLinkAbout1352 Hospital Expansion Fund An ordinance establishing}1 a fund to be kno~-rn aB the
Cormmunit¥ i.~ospital Construction Tund_ for the purpose of
~.inking f~ for future hospital expansi~n~
There is hereby e~tablished a separate f'un~.~ to Oe know'~x
2~:~hland Co~itV ~'<~ios~;~ital ~onstruction 'Cu~d~ 4hic'~v. fun6 r,.~alt ~'.~.
used exclusively for the puruose of financing the co~t o~7 future.
expansion of the ..~shiand Co~,ity }~osDital~ the re~airs aBd
~'~nts thereto and of maintenance and re[~lacement thereof and
fund is established in accordance with the ~3rovl~ion~ of' ~80~050 c
the Oregon ~evise~ Statutes~
SeCtior~ 2 o
The Coen Council ~hait have the r-i. CiLt t.c~ :.:~r,.>vi(~e
to said funds in accordance with the !~rovizions of 280,i00 Oregon
Section 3~
~y donation,~ft~ devise or beq~est made b3~ any p~r~o~
hL~urposes shall. be deposited to said funa~
:Eection 4 ~
The CoEn Co~cil does hereby or~aer and d~[rect that t}~e
of Forty-five thousand and no/100 ($45,000~00} 0ollar~ received
the City of Ashland from the sale of the ~shland Genera]/~o~oit~
~roperty to the State of Oreqon shall be immediatel~' deoosited
said fund,
Section 5,
The Treasurer shall keep said funds ~eparate ~tnd qi~tinc~
other funds of ~e City o[ Ashland and ssid funds shall ~'~e
or retained only for the ~urv~ose
accordance with the ?rovisions of 280° ]00 ~ ~reqon ~eviseO Statute?~,
'the rules~ at a regutax: meetinr~ of the Common Cc~uncil held o~ t}',~;
/d~' day of J~e~ 1964~, the vote bein~ a~s Eol!ows=
TO all of which I hereby