(A) Use of funds. Pursuant to § 10(4) of the Act, all amounts received by the city from the Authority shall be used by the city solely for rights-of-way related purposes. In conformance with that requirement, all funds received by the city from the Authority shall be deposited into the Major Street Fund or the Local Street Fund maintained by the city under Public Act 51 of 1951.
(B) Annual report. Pursuant to § 10(5) of the Act, the Mayor shall file an annual report with the Authority on the use and disposition of funds annually distributed by the Authority.