Upon the payment of the price of a cemetery lot, or a mausoleum crypt, or of an initial payment thereon, so much thereof as represents land cost, or land and capital cost, shall be paid into the sinking fund or into bond interest and retirement funds respectively, and applied to the payment of cemetery or mausoleum bonds and interest thereon; provided that if at any time there shall be no cemetery or mausoleum bonds outstanding or if there is accumulated in such funds an amount which, with earnings thereon, will pay the interest on and discharge such bonds when due, such land cost, or land and capital cost shall be paid into the Cemetery Operating Fund.
(Ord. No. 98793. Passed 4-20-33)