SEC. 37A-6. INVESTIGATION AND PAYMENT OF GRANT-IN-AID.

   (a)   Upon a request for a grant-in-aid, the board shall initiate an investigation of the application by an appropriate division within the employee’s department. The investigation shall determine the qualification and need of the applicant. After completion of the investigation, the department head shall submit a written report to the board and shall make a recommendation for approval or denial of the request.

   (b)   The applicant shall cooperate with the investigation and the board. The failure of the applicant to cooperate or disclose necessary information to the investigator or the board, or be truthful, shall be grounds for disqualification or immediate repayment of the grant-in-aid regardless of need or qualification.

   (c)   The beneficiary shall attempt a repayment of the grant-in-aid. The terms and schedule of repayment either in whole or in part, shall be determined by the board depending on the financial circumstances of the beneficiary. The board shall have the authority to waive repayment, either in whole or in part, depending on the financial circumstances of the beneficiary. (Ord. 16126)

SEC. 37A-7. ESTABLISHMENT OF TRUST FUND.

   (a)   The board shall establish a separate general trust fund for deposit of all donations and the assets of the welfare fund. The trust fund shall be established as a separate city trust account with the city treasurer. Upon receipt of general contributions, they shall be deposited to the credit of the appropriate city fund.

   (b)   In the event the board receives contributions from a benefactor designating specific qualified beneficiaries, the donations shall be deposited in the general welfare trust fund. Upon request the city controller will provide the board an accounting of the police and fire welfare fund.

   (c)   In the event the welfare fund receives donations from private benefactors in the form of other valuable consideration, such as stocks, bonds, real or personal property, the ownership of that property shall be held by the welfare fund in trust for the qualified beneficiaries until title can be transferred according to the directions of the benefactor. If the benefactor makes a donation without any specific instructions, the board shall have the power and authority to hold, transfer, convey, lend, or sell the property in a manner the board believes is in the best interests of the beneficiaries of the welfare fund. After approval of the board, the city controller shall have the authority to effectuate any transaction on behalf of the board. (Ord. Nos. 16126; 29645)

SEC. 37A-8. NONVESTED RIGHTS.

   Qualified beneficiaries, heirs, and their assigns shall not have any vested right, title, or interest, future or otherwise, in any donation or gift to the welfare fund. (Ord. 16126)

SEC. 37A-9. NONALIENATION OF BENEFITS.

   Donations, gifts, and benefits payable under the welfare fund shall be exempt from attachment, execution, garnishment, judgments and all other suits or claims, and shall not be assignable or transferable. (Ord. 16126)