There is hereby established within the General Fund of the Village an appropriation account known as the “Park Fund”. Council shall appropriate annually, from the unencumbered general funds of the Village an amount which, in the judgment of Council, provides adequate moneys for the care, supervision and maintenance of the public parks within the Village. Council shall take into consideration moneys received by the Commission and deposited to the credit of the Park Fund, as provided in Section 147.05 from nonpublic sources such as bequests, gifts, charitable contributions or any other nonpublic source. Moneys credited to the Park Fund, whether by appropriation or otherwise, shall thenceforth be used solely for the purpose of the care, supervision and maintenance of the public parks within the Village and shall be expended solely in the manner as provided in this chapter.
(Ord. 753. Passed 4-4-67.)