There is hereby created a Cemetery Trust Fund. The Cemetery Trust Fund will be operated as follows:
(A) Whenever a cemetery lot is purchased from the Clerk-Treasurer, 70% of the purchase price shall go to the General Fund and 30% shall go to the Cemetery Trust Fund.
(B) If a cemetery lot is purchased in "Babyland" for an infant, $10 shall go to the General Fund and $5 shall go to the Cemetery Trust Fund.
(C) The money that accumulates in the Cemetery Trust Fund shall be used for the following:
(1) The acquisition of land and platting a cemetery.
(2) Civil War Memorial monument restoration.
(3) Administrative expenses of maintaining the trust.
(4) Any other expenses incurred in maintenance of the cemetery.
(D) The money accumulated in the Cemetery Trust Fund shall be invested and the interest from said investments shall go to the General Fund.
(Ord. 1226, passed 9-19-94)