In accordance with the procedure established by applicable law, the available Cash Reserve Fund balance of the various utilities and sanitary sewage works may be used to make loans to the other municipally-owned utilities and the sanitary sewage works of the city; to make loans to the General Fund for current purposes in anticipation of taxes levied; to make transfers to the Municipal General Fund; to pay for extensions, additions or improvements to the various utilities and the sanitary sewage works and for any other lawful purpose.
(`90 Code, § 13.22.030) (Ord. 89-31, passed - -)