(a) There is established a Carmel Housing Authority Fund.
(b) The Carmel Housing Authority Fund shall consist only of monies received by the Carmel Housing Authority, plus all investment earnings thereon.
(c) The Carmel Housing Authority Fund shall be funded by any means and used for any purpose authorized by applicable law, with all monies therein being properly receipted and disbursed.
(d) The Carmel Housing Authority Fund shall be administered by the fiscal officer of the City.
(Ord. D-1658-03, § 2, 11-17-03; Ord. D-2067-11, 11-7-11)