165.14 DEPOSIT OF MONEYS.

   The disposition of the moneys received each year under the provisions of this chapter shall be as follows:

   The first one hundred fifty thousand dollars ($150,000) shall be credited to the Parks and Recreation Capital Improvement Fund, the next three hundred thousand dollars ($300,000) shall be credited to the General Fund of the City. All moneys received in excess of the initial four hundred fifty thousand dollars ($450,000) each year shall be credited one hundred percent (100%) to the Parks and Recreation Capital Improvement Fund.
(Ord. 45-12. Passed 10-15-12.)