It shall be the duty of the Historical Commission, within the means of allotted funds provided by the City Council, to acquire ownership or control of landmarks of the city, historical documents pertaining to matters of natural history and local events, or any other matter which appears to the Commission to be of sufficient interest or value for preservation by the city. The Commission shall compile a history of the origin and growth of the city and the territory where it is located, keep it currently up to date, and file a copy thereof with the city library.
(‘83 Code, § 33.023)