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2012_01_24_O002 Deleting the Airport FundThe Town of Leesburg, Virginia PRESENTED: January 24, 2012 ORDINANCE NO. 2012 -0 -002 ADOPTED: January 24, 2012 AN ORDINANCE: TO REPEAL AN ORDINANCE ADOPTED BY THE TOWN COUNCIL ON JUNE 21, 1965, ESTABLISHING THE AIRPORT FUND; TO AMEND THE TOWN CODE CHAPTER 6 (AVIATION), ARTICLE II (LEESBURG EXECUTIVE AIRPORT), SECTION 6 -22 (a) (FIXED BASE OPERATOR LICENSE FEE) TO STATE THAT FIXED BASED OPERATOR LICENSE FEES ARE TO BE DEPOSITED IN THE GENERAL FUND AND TO STATE THE CORRECT SECTION OF THE RULES AND REGUALTIONS APPLICABLE TO FIXED BASED OPERATOR LICENSE FEES; AND TO AUTHORIZE ACCOUNTING CHANGES FOR APPROPRIATIONS MADE AND REVENUE COLLECTED FOR THE LEESBURG EXECUTIVE AIRPORT AND AIRPORT CAPITAL PROJECTS The Council of the Town of Leesburg in Virginia hereby ordains: SECTION I. That an ordinance enacted by the Town Council of Leesburg dated June 21, 1965 establishing the Airport Fund is hereby repealed. SECTION II. That Leesburg Town Code Chapter 6 (Aviation), Article II (Leesburg Executive Airport), Section 6 -22 (a) (Fixed Base Operator License Fee) be and the same is hereby amended to read as follows: Section 6 -22 Fixed base operator license fees. (a) Before any person is issued a fixed base operator's license under chapter I4I 3, section 4-2 LW of the airport rules and regulations, he shall pay to the town all of the fees as established herein. Fees collected shall be credited to the air-pei4 fiRid general fund in the accounts of the town and tised v eliasivel . to pay the east of epe,..,*:ng the ., ei4 a SECTION III. All appropriations made and revenues collected from operations of the Leesburg Executive Airport shall be deposited in the Town of Leesburg General Fund as of the effective date of this ordinance. 2 AN ORDINANCE: TO REPEAL AN ORDINANCE ADOPTED BY THE TOWN COUNCIL ON JUNE 21, 1965, ESTABLISHING THE AIRPORT FUND; TO AMEND THE TOWN CODE CHAPTER 6 (AVIATION), ARTICLE II (LEESBURG EXECUTIVE AIRPORT), SECTION 6 -22 (a) (FIXED BASE OPERATOR LICENSE FEE) TO STATE THAT FIXED BASED OPERATOR LICENSE FEES ARE TO BE DEPOSITED IN THE GENERAL FUND AND TO STATE THE CORRECT SECTION OF THE RULES AND REGUALTIONS APPLICABLE TO FIXED BASED OPERATOR LICENSE FEES; AND TO AUTHORIZE ACCOUNTING CHANGES FOR APPROPRIATIONS MADE AND REVENUE COLLECTED FOR THE LEESBURG EXECUTIVE AIRPORT AND AIRPORT CAPITAL PROJECTS SECTION IV. All appropriations made and revenues collected for airport fund capital projects shall be deposited in the Town of Leesburg Capital Project Fund as of the effective date of this ordinance. SECTION V. All prior ordinances in conflict herewith are hereby repealed. SECTION VI. Severability. If a court of competent jurisdiction declares any provision of this ordinance invalid, the decision shall not affect the validity of the ordinance as a whole or any remaining provisions of the Leesburg Town Code. SECTION VII. This ordinance shall be effective June 29, 2012. PASSED this 24t11 day of January, 2012. P: \Ordinances\2012 \0124 Transfer of Airport Fund.doc C. mstattd, Mayor Town of Leesburg