(A) Established. There is hereby established a Nonreverting Grant Fund for the purpose of accounting for the operations of the grant programs.
(Prior Code, § 43.340)
(B) Deposits. Monies deposited in the Fund shall be used for the operations of grant programs.
(Prior Code, § 43.341)
(C) Expenditures. Monies from the Fund may be disbursed only on approved claims allowed by the Board of Public Works and Safety.
(Prior Code, § 43.342)
(D) Termination of fund. The Fund shall be perpetual in nature; however, should the Fund terminate for any lawful reason, any balance in the Fund shall be disbursed to civil city’s General Fund.
(Prior Code, § 43.343)
(Ord. 0-01-0008, passed 4-11-2001)