§ 2-72. Nonreverting cumulative fund for repair, improvement, operation, and maintenance of civic center  


Latest version.
  • (a) A nonreverting cumulative fund for the repair, improvement, operation, and maintenance of the civic center (hereinafter, "the fund") is hereby established.

    (b) The fund shall consist of (1) funds raised by and granted to the city for the purposes of the fund, and (2) any appropriation made from the general fund of the city or of taxes levied by the common council for the purposes for which the fund is allowed to be used.

    (c) The monies accumulated in the fund may only be used for the repair, improvement, operation, and maintenance of the civic center.

(Ord. No. 2000-34, §§ 1—3, 10-23-2000)