(A) Any gift, donation or bequest to the City of Beavercreek shall be used, appropriated and expended under the direction of the Council, unless provided for in such gift, donation or bequest.
(B) Trusts, gifts, and special funds shall continue in force until the purposes for which they are made have been accomplished or abandoned. The purpose of any such appropriation may be deemed abandoned if three years pass without any disbursement from or encumbrance of the appropriation, or shall be deemed abandoned upon passage of an ordinance to that effect. When the purpose of the fund has been abandoned, all residuals shall be dispersed in a manner determined by the Council.
(Amended 11-4-86)