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951.07 CEMETERY TRUST FUND.
   The City pledges its faith and credit to forever hold as a permanent fund, to be known as the Cemetery Trust Fund, a portion of moneys, as determined by the Safety-Service Director, received from the purchases of burial spaces and lots. Council shall authorize the Treasury Investment Board, as its agent, to invest and keep invested such funds in safe, interest-bearing bonds or certificates of deposit in financial institutions within the State, that are authorized by law to accept deposits and which are subject to inspection by either the United States or by the State, or to invest such moneys as may hereafter be determined by law. All interest income derived from this Fund shall be deposited to the Cemetery Maintenance/Improvement Fund.
(Ord. 82-9. Passed 1-19-82.)
951.08 CEMETERY MAINTENANCE/IMPROVEMENT FUND.
   The City pledges to expend a portion of the moneys received for the sale of cemetery lots, as determined by the Safety-Service Director, for the perpetual care of the lots, the improvement, embellishment or enlargement of City owned cemetery grounds, and the maintenance or replacement of equipment and vehicles of City owned cemeteries.
   Any and all other moneys received and any special gifts or bequests shall also be deposited to the credit of the Cemetery Maintenance/Improvement Fund.
(Ord. 82-9. Passed 1-19-82.)
951.09 MANNER OF MAKING DISBURSEMENTS.
   Disbursements from the Cemetery Trust Fund or the Cemetery Maintenance/ Improvement Fund shall be by warrant drawn by the City Auditor in the manner now in use in the City or in the manner hereinafter provided by law.
(Ord. 82-9. Passed 1-19-82.)
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