(a) Gifts. Acts of financial support of a program, good or service. Gifts may be offered with conditions or specific personal demands however they do not demand commercial advertising in return for the gift. Gifts of real property or any interest therein are accepted and must be accompanied by the appropriate recordable instrument, i.e. deed, lease or trust.
(b) Conservation Easement. Easements that protect natural, scenic and open space values.
(c) Endowment. The act of donating funds with a permanent source of income. Endowments are usually made to support a specific project or program.
(Ord. 36-10. Passed 10-19-10.)
(Ord. 36-10. Passed 10-19-10.)