(a) There is hereby established an Events Fund for the purpose of Town of Frederick sponsored events and such other related projects as may be deemed appropriate.

(b) Funding for this Events Fund shall come from a combination of a small allocation from the Town of Frederick General Fund with the majority and balance being generated from donations and sponsorships.

(c) The Board of Trustees acting on the recommendations from representatives associated with the events shall authorize expenditures from the fund consistent with the purpose of supporting the events. (Ord. 1156 §§1—3, 2013)