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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />Introduced by: Borough Manager <br />Drafted by: Finance Director <br />Introduced on: 08/16/2018 <br />Public Hearing Date:09/06/2018 <br />Adopted on: 09/06/2018 <br />KODIAK ISLAND BOROUGH <br />ORDINANCE NO. FY2019-07 <br />AN ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH AMENDING <br />KODIAK ISLAND BOROUGH CODE OF ORDINANCES TITLE 3 REVENUE AND FINANCE, <br />CHAPTER 3.10 PUBLIC FINANCE- MANAGEMENT AND ACCOUNTING, BY REPEALING <br />SECTION 3.10.140 FERN FULLER FUND <br />WHEREAS, the establishment of the Fern Fuller Fund was to provide for the distribution of the <br />contributions from the Fern B. Fuller Charitable Remainder Unitrust; and <br />WHEREAS, the trust fund provided revenue for beneficiaries and the purchase of equipment for <br />the Providence Kodiak Island Medical Center; and <br />WHEREAS, the Kodiak Island Borough, as recipient of the funds, has disbursed all funds in <br />accordance with the instructions set forth in the trust agreement; and <br />WHEREAS, since there are no remaining funds to be disbursed, and this fund was created for a <br />single purpose which no longer exists, the fund is no longer necessary; and <br />NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND <br />BOROUGH THAT: <br />Section 1: This ordinance is of a general and permanent nature and shall become a part of the <br />Kodiak Island Borough Code of Ordinances. <br />Section 2: That section 3.10.140 Fern Fuller Fund of the Kodiak Island Borough Code of <br />Ordinances is repealed as follows: <br />Chapter 3.10 <br />PUBLIC FINANCE — MANAGEMENT AND ACCOUNTING <br />Section: <br />Sections: <br />3.10.010 General treasury management. <br />3.10.020 Authority. <br />3.10.030 Permissible investments. <br />Kodiak Island Borough, Alaska <br />Deletion — Red, Strikeout <br />Insertion — Bold, Blue, Underlined <br />Ordinance No. FY2019-07 <br />Page 1 of 3 <br />Version 1 <br />