Laserfiche WebLink
<br />City of Louisville a Major Thoroughfare fee in the amount of eight <br />hundred ($800.00) dollars per unit, for any dwelling unit to be <br /> <br />constructed within the City in any subdivision approved after the <br />effective date of this ordinance. <br /> <br />SECTION 3. Creation of the City of Louisville Major Thoroughfare <br />Fund. <br /> <br />There is hereby created a City of Louisville Major Thoroughfare <br />Fund. All Major Thoroughfare fees collected in accordance with <br />Section 2 shall be paid into a special and segreated fund. The <br /> <br />Treasurer shall account separately for all receipts and disbursements <br /> <br />to and from the fund and shall not co-mingle any part of said fund <br />with other funds of the City of Louisville. <br />SECTION 4. Use of Major Thoroughfare funds. <br />Any and all disbursements from the City of Louisville <br />Major Thoroughfare funds shall be limited to constructing and <br />improving Major Thoroughfares. To the extent feasible and practicable, <br />the City Council shall, within its absolute discretion, budget the <br />expenditure of funds for Major Thoroughfare projects in or near the <br />area from which such funds may be originated or been collected. <br />INTRODUCED, READ, AND ORDERED PUBLISHED this /~-~ day of <br />a<?,u,i , 197jl" <br />PASSED AND ADOPTED on second and final reading this~~ day <br />of ~.&"/hd~ 1 , 1971>. <br /> <br />~aLL <br />May . <br /> <br />ATTEST: <br /> <br />~{.4iYl J-.JI <br />C1ty er <br />