CHAPTER I. ADMINISTRATIONCHAPTER I. ADMINISTRATION\ARTICLE 7. REVENUE, FINANCE & COMMUNITY DEVELOPMENT

(a)   All necessary proceedings having been taken pursuant to the provisions of Chapter 121 of the Laws of Kansas, Session of 1949, to authorize such action, it is the judgement of the governing body of said city that the following described streets and parts of streets in the City of Marquette, Kansas which heretofore have been paved by assessment against adjacent property have traffic thereon, respectively, of such volume that said streets and parts of streets are major trafficways, and because of such said streets and parts of streets are hereby declared to be major trafficways, to-wit:

       All of Washington Street, extending to north entrance of river bridge; those parts of Third Street, Fourth Street, Fifth Street and Six Street, respectively, extending eastward from their respective intersections with the east line of the alley lying between Washington Street and Lincoln Street to their respective intersections with the west line of the alley lying between Washington Street and Swedonia Street.

(b)   It is hereby ordered and directed that the existing paving on said streets and parts of streets be resurfaced.

(Ord. 342; Code 2018)

A majority of the electors voting thereon having approved, at a special question election held on 9th day of December 2014, the levying of retailers’ sales tax in the City of Marquette, for the purposes of improving and maintaining the public streets, as authorized by K.S.A. 12-187 et seq. and amendments thereto, there is hereby levied a city retailers’ sales tax in the amount of one percent (1.0%) to take effect on the 1st day April 2015.

(Ord. 592; Code 2018)

(a)   FUND ESTABLISHED. In accordance with the provisions of K.S.A. 12-1, 118, there is hereby established a capital improvements fund, which shall be used by the city to finance in whole or in part, any public improvement need set forth in the city’s capital improvement plan.

(b)   POLICY OBJECTIVE. It is the policy objective of the Governing Body that such fund shall be used primarily to provide a financing mechanism for the repair, restoration, and rehabilitation of existing public facilities. Further, it is the intent of the Governing Body to utilize current revenues to be credited to the fund, to the maximum extent possible to meet the city’s present and future public infrastructure needs and to avoid the costs of unnecessary indebtedness.

(c)   USE FOR STUDIES. Moneys in such fund may be used to pay the cost of engineering and other advanced public improvement plans and studies, with the fund periodically reimbursed from bond proceeds, special assessments or state or federal aid that may be available for the completed project. (NO expenditures for such purposes shall be made except on a finding of the Governing Body of its probable intent to proceed with the improvement following such engineering or advanced study.)

(d)   PLAN OF OPERATION.

(1)   The (city clerk) shall submit to the Governing Body a plan of operation for the implementation of this section. Such plan shall provide that the annual, revised and adopted capital improvements plan of the city identify those improvements to be financed from the fund during the following year. (The implementation plan should also provide for transferring from the general fund to the capital improvements fund an amount equal to not less than (one half) of the estimated revenue to be received by the city in the following year from local sales tax receipts). (The implementation plan shall include information as to the feasibility of home rule action by the city to levy additional taxes or service charges, the revenue from which would be allocated to the capital improvements fund.

(2)   Beginning in 2009, the (city clerk) shall annually submit, at the same time and as a part of the annual operating budget, such proposed revenue allocations and budget transfers as may be necessary (a) to finance those improvements scheduled for completion next year, the cost of which is to be credited to the fund, as provided by the capital improvements plan, and (b) to set aside moneys to be annually reserved for future improvements, as provided in the capital improvements plan.

(e)   INVESTING. Moneys in the capital improvements fund shall be invested in accordance with provision of K.S.A. 10-131 and amendments thereto, with interest thereon credited to such fund.

(Ord. 566; Code 2018)

(a)   FUND ESTABLISHED. In accordance with the provisions of K.S.A. 12-1,117 there is hereby established a municipal equipment reserve fund, which shall be used be the city to finance the acquisition of equipment necessary for the performance of maintenance, police protection, or any other function or service of the city for the purpose of this section, the word equipment shall mean machinery, vehicles and other equipment or personal property which has an estimated future purchase or replacement cost in excess of $1000.00 and a life expectancy of not less than three years.

(b)   POLICY OBJECTIVE: It is the policy objective of the governing body that such equipment reserve fund shall be used as a financing mechanism to secure the planned and orderly acquisition and replacement of equipment necessary for the efficient and effective operation of the city. It is the further intent of the Governing Body to annually approve in the future the budgeting of current revenues sufficient: (a) finance the acquisition of new equipment needed in the following year; and (b) to finance needed future replacements and acquisitions by setting aside a reserve amount. It is the planned intent of the Governing Body that the amount annually reserved shall be not less than the current use value of existing city equipment covered by the reserve fund.

(c)   PLAN OF OPERATION.

(1)   The City Clerk shall prepare a plan of operation for the implementation of this section and for the achievement of the policy objective of the Governing Body.

(2)   In the year 1993, the City Clerk shall include in the proposed budget for 1994 an amount sufficient to cover necessary 1994 equipment acquisition costs, plus the amount approximately equal to the average annual expenditures of the city of equipment purchases during the past five years.

(3)   Beginning in 1994, the City Clerk shall annually submit, at the same time the proposed annual budget is submitted, a proposed e0uipment acquisition program for each 9f the following three years. The proposed budget shall include an amount sufficient to finance proposed - equipment acquisitions for the following year plus an amount to be reserved as set forth in the annually revised and extended equipment acquisition program.

(d)   INVESTING: Moneys in the equipment reserve fund shall be invested in accordance with the provisions of K.S.A. 10-131 and amendments thereto, with interest earnings credited to each fund.

(Ord. 480; Code 2018)