There is hereby created a special fund by the Finance Director, referred to as the lottery tax account, into which any funds obtained as a result of the tax imposed upon income derived from income gaming, wagering, lotteries and/or schemes of chance shall be deposited. Only City Council may authorize an expenditure from this account and only with a three-fifths majority of the members of Council.
(Ord. 57-04. Passed 7-12-04.)