The Board may accept any grant, gift, bequest or donation of any personal property offered or made for recreational purposes and, with the approval of the Board of Council, may accept any grant, gift or devise of real estate. Any gift, bequest of money or other personal property, grant or devise of real estate, shall be held, used and finally disposed of in accordance with the terms or conditions under which said grant, gift or devise is made and accepted. The Board shall have no authority to enter into any contract or incur any obligations binding upon the city without first receiving the approval of the Mayor and City Council.
(1992 Code, § 31.27) (Ord. 01-2005, passed 3-15-2005)