When any lot in East Linwood Cemetery is sold, to be paid for in installments, the City Clerk shall give to the purchaser a copy of the conditional sales contract executed for that purpose. This contract, in addition to the usual provisions of such agreements made in the state, shall include the following specific items: the description of the lot, the price and terms of payment, the amount paid, the conditions upon which deed may be given, the procedure in event of forfeiture and the requirement that one-third of the total price must be paid at the time of the initial agreement, with the balance to be paid within one year and interest to run on the unpaid balance at the rate of 10% per annum. No lot shall be reserved for any person on the basis of a purely verbal declaration of intent to purchase the lot at some future date, nor shall any installment sale be made without proper execution of the conditional sales contract.
(1990 Code, § 7-46) (Ord. 66-862, passed 8-1-1966; Ord. 85-1028, passed 7-15-1985)