There is hereby created a Park Utility Fund ("the Fund") for the purpose of providing for the construction, operation and maintenance of parks, facilities, beautification and right-of-way areas. The beautification and right-of-way areas are part of the City maintenance responsibilities for arterial and collector streets as defined within the Medford Municipal Code. The Council hereby finds, determines and declares a) the necessity of providing construction, operation and maintenance of the City's parks, facilities, beautification and right-of-way areas as a comprehensive Park Utility; and b) such construction, operation and maintenance pursuits must include such activities as are necessary in order that the parks, facilities, beautification and right-of-way areas and related facilities may be properly operated and maintained and that the health, safety and welfare of the City and its inhabitants may be safeguarded.