4.87.020 Purpose of fund.
(1) The purpose of the Evergreen State Fairgrounds capital improvements and operating reserve fund is:
(a) to account for and accumulate the monies described in SCC 4.87.030(1) for expenditure on capital improvements or acquisitions located or used on the Evergreen State Fairgrounds as described in SCC 2.32.020; and
(b) to account for and accumulate the monies described in SCC 4.87.030(2) for relief of fairgrounds operating deficits as described in SCC 4.87.050 or for other fairgrounds uses determined appropriate by the county council.
(2) The department of budget and finance shall administer the monies described in subsections (1) and (2) of this section in separate accounts within the Evergreen State Fairgrounds capital improvements and operating reserve fund. (Added by Ord. 93-046, June 30, 1993; Amended by Ord. 96-062 § 2, Sept. 18, 1996, Eff date Sept. 30, 1996).