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<br />and Recreational Fund. <br /> <br />Any and all disbursements from the City of Lou+svi11e Parks and <br />Recreational Fund shall be strictly limited to purchasing real or <br />personal property, constructing or otherwise acquiring recreational <br />facilities, including, but not necessarily limited to, tennis courts, <br />bicycle paths, park and picnic areas, and play grounds. The foregoing <br />items are not intended to limit, but merely describe examples of the <br />kind of recreational facilities for which expenditures may be made <br />from the City of Louisville Parks and Recreational Fund, and the City <br />Council of the City of Louisville may from time to time determine other <br />appropriate purposes for expenditures in the area of recreational <br />amenities. To the extent feasible and practicable, the City Council <br />shall, within its absolute discretion, budget the expenditure of funds <br />for parks and recreational projects in or near the area from which such <br />funds may have originated or been collected. The budget for the City <br />of Louisville shall include provisions for funds collected by and to be <br />disbursed from the City of Louisville Parks and Recreational Fund, and <br />all disbursements shall be approved by ordinance enacted by the City <br />Council for the City of Louisville. <br />SECTION 5. Severability. <br /> <br />If any part, section, subsection, sentence, clause or phrase of <br />this ordinance is for any reason held to be invalid, such decision shall <br />not effect the validity of the remaining portions of this ordinance; and <br />the City Council of the City of Louisville declares that it would have <br />passed this ordinance and each part, section, subsection, sentence, clause <br />or phrase thereof, irrespective of the fact that anyone or more parts, <br />sections, subsections, sentences, clauses or phrases be declared invalid. <br /> <br />INTRODUCED, READ, AND ORDERED PUBLISHED thi s c:>.b/1 day of June, 1973. <br />..JU'-j PASSED AND ADOPTED on second and final reading this ~day of <br />d:t:tne., 1973. <br />- L > I';?~~" <br />c~~~;t~ }''1-t:<-..;' C&.?d~-?..?L'" <br /> <br />ATTEST: <br />(z; h~ /7l~dE~~ <br />?t1ri City Clerk <br /> <br />-4- <br />