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1408ORDINANCE NO. 1408 AN ORDINANCE TO ESTABLISH DIRECTIVES FOR THE DISTRIBUTION OF FUNDS AVAILABLE TO YOUTH ORGANIZATIONS FOR CHARITABLE PURPOSES, DECLARING AN EMERGENCY AND FOR OTHER PURPOSES. WHEREAS, it is deemed advisable by the City Council of the City of West Memphis to establish directives for the distribution of funds available to youth organizations for charitable purposes and other organizations receiving such funds; and WHEREAS, every youth organization and other organization receiving funds distributed by the City for charitable purposes should be required to provide certain information to the City Council; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARHANSAS: SECTION 1. Every youth organization receiving funds distributed by the City of West Memphis for charitable purposes and other organizations receiving such funds shall deliver to the Mayor, the City Clerk and to each member of the City Council written quarterly reports containing such information as may be requested by the City Council including, but not necessarily limited to, activities provided, average daily attendance, and total membership. SECTION 2. Every youth organization receiving funds distributed by the City of West Memphis for charitable purposes and other organizations receiving such funds shall deliver to the Mayor, the City Clerk and to each member of the City Council a written quarterly financial statement of the organization. SECTION 3. Quarterly reports and financial statements shall be delivered to the Mayor, the City Clerk and each member of the City Council no later than 45 days after the end of each calendar quarter. SECTION 4. All custodians of funds distributed by the City of West Memphis to youth organizations for charitable purposes and other organizations receiving such funds shall F be bonded in an amount of not less than $10,000.00 and a copy of such bond shall be provided to the Financial Director of the City of West Memphis. SECTION 5. The failure of any youth organization or other organization receiving such funds to comply with the provisions of this Ordinance shall be sufficient grounds to withhold distribution of funds allocated for such organization until such time as such organization has complied with the provisions of this Ordinance. In addition, the failure of any such organization to comply with the provisions of this Ordinance shall be sufficient grounds for consideration of the amount of money, if any, to be distributed in the future. SECTION 6. All Ordinances or parts of Ordinances and all Resolutions or parts of Resolutions in conflict herewith are hereby repealed. SECTION ?. EMERGENCY CLAUSE. It having been found and determined by the City Council of the City of West Memphis, Arkansas, that there is an urgent need to clarify procedures for the reporting and distribution of funds for charitable purposes, an emergency is hereby declared to exist, and this Ordinance being necessary for the preservation of the public peace, health, safety and welfare of the Citizens of West Memphis, Arkansas, shall be in full force and effect from and after the date of its passage and approval. ADOPTED this 7th day of December, 1989. 1. ATTEST: DAN SPONSORED BY: ~~~~~ ~ ~ ~/ ~t/( . ITH M. INGRAM,/Mayor