Chapter 3.80
CITY STREET RESERVE FUND

Sections:

3.80.010    Created – Deposits – Expenditures.

3.80.010 Created – Deposits – Expenditures.

A. There is hereby created and established a “city street reserve fund.” The clerk-treasurer is hereby authorized and directed to set up and establish said fund and to deposit monies into said account as directed by the city council.

B. All monies in said fund, together with all monies hereinafter deposited therein, shall accumulate, and expenditures therefrom shall be at the discretion of the city council for future capital expenses. (Ord. 672 §§ 1, 2, 2009).