Los Angeles Municipal Code § 5.540 Central Los Angeles Recycling and Transfer Station Trust Fund

(a) Creation of the Fund. There is hereby created within the Treasury of the City of Los Angeles a special fund to be known as the “Central Los Angeles Recycling and Transfer Station Trust Fund,” referred to in this Chapter as the “Fund”.

(b) Purpose of the Fund. The Fund shall be used for the deposit and expenditure of the revenue collected from the commercial and private haulers and any other non- City entities utilizing the Central Los Angeles Recycling and Transfer Station. The monies deposited in the Fund may be used to pay for the waste transport contracts and landfill disposal fees related to the commercial and private haulers and non-City entities waste, capital improvements, facility maintenance, equipment procurement and the operating costs related to private waste. Monies deposited in the Fund shall also be used for funding the Central Los Angeles Recycling and Transfer Station Community Amenities Fund.

(c) Appropriation to the Fund. The Controller is authorized to deposit all revenue collected from the commercial and private haulers and any other non-City entities utilizing the Central Los Angeles Recycling and Transfer Station for transferring its waste.

(d) Expenditures from the Fund. Appropriations from the Fund may be made to pay for the waste transport contracts and landfill disposal fees related to the commercial and private haulers and non-City entities waste, capital improvements, facility maintenance, equipment procurement and the operating costs related to private waste, and may also be used for funding the Central Los Angeles Recycling and Transfer Station Community Amenities Fund.

(e) Interest. All interest and other earnings attributable to monies in the Fund shall be credited to the Fund and shall be devoted to the purposes thereof.

(f) Administration of the Fund. The Fund shall be administered and expenditures shall be authorized by the Director of the Bureau of Sanitation. The Director of the Bureau of Sanitation shall report annually to the Board of Public Works, the City Council and the Mayor identifying the amount and source, of all receipts into the Fund, all expenditures out of the Fund, and the purposes for such expenditures. Each report shall cover a fiscal year and shall be submitted within 90 days after the close of said fiscal year.

SECTION HISTORY

Chapter and Section Added by Ord. No. 175,949, Eff. 6-14-04. Amended by: Subsecs. (b), (d) and (f), Ord. No. 180,359, Eff. 12-27-08.

(a) Creation of the Fund. There is hereby created within the City Treasury a special fund to be known as the “Central Los Angeles Recycling and Transfer Station Community Amenities Trust Fund ,” referred to in this Chapter as the “Fund” and administered by the City Clerk.

(b) Purpose of the Fund. The Fund shall be used for the purpose of financing community amenities within the City of Los Angeles Council District 14.

(c) Appropriation to the Fund. The City Clerk is hereby directed to request annual appropriations to the Fund in the amount of $1 per ton of waste delivered to the Central Los Angeles Recycling and Transfer Station in the prior year. The appropriation shall be made from the Central Los Angeles Recycling and Transfer Station Trust Fund.

(d) Expenditures from the Fund. Appropriation from the Fund shall be authorized upon recommendation by the Councilperson of the district, only by the City Council, by resolution on a project-by-project basis, and shall be used exclusively for purposes set forth in subsection (b) above.

(e) Interest. All interest and other earnings attributable to monies in the Fund shall be credited to the Fund and shall be devoted to the purposes thereof.

SECTION HISTORY

Chapter and Section Added by Ord. No. 175,949, Eff. 6-14-04.