3.20.140 Columbus telecommunications nonreverting fund.
   A.   The Columbus telecommunications nonreverting fund is established.
   B.   The Columbus city clerk-treasurer shall receive, invest and reinvest cable television franchise fees received under any franchise agreement (the fund).
   C.   Funds held by the Columbus city clerk-treasurer in the fund now called the Bartholomew-Columbus telecommunications nonreverting fund shall be transferred to the Columbus telecommunications nonreverting fund.
    D.   The uses for the fund shall be designated by subsequent ordinance or resolution. (Ord. 98-27, 1998)