A. In all cemeteries owned by the city of Grove where grave spaces, lots, mausoleum crypts or niches are sold, whether above or below the surface of the ground, not less than twenty five percent (25%) of the purchase price thereof shall be segregated and set aside as a permanent trust fund to be known as the "perpetual cemetery maintenance fund".
B. The perpetual cemetery maintenance fund shall be invested as allowed in the city of Grove accounting policy and procedures, and the income shall be used in improving, caring for, and embellishing the lots, walks, drives, parks and other improvements in such cemetery and maintenance of office and care of records.
C. The perpetual cemetery maintenance fund shall not be merged with any other fund of said city. (Ord. 675, 1-7-2014)