(a) Funds so accepted shall be placed to the credit of the particular institution in Fund 126 in an account to be designated, if the fund is limited in purpose by the conditions of the gift, as “_______________ limited purpose account”; otherwise in an account to be designated “_______________ unconditioned expenditure account”.
(b) The funds deposited to the credit of the foregoing accounts are hereby determined not to constitute public funds subject to the provisions of law relating to the budget, but funds to be expended for the benefit of the named institution at the discretion of the Director of Public Health and Welfare, or in the manner and for the specific purpose named in the gift.
(Ord. No. 2640-55. Passed 12-12-55, eff. 12-15-55)