(A) The city has established the following debt retirement funds in connection with bonds previously issued by the city:
(1) Hickory Street Michigan Transportation Bonds Debt Retirement Fund;
(2) Meadowgreen Lane/Par Court Special Assessment Bonds Debt Retirement Fund;
(3) East Rolston Road Special Assessment Bonds Debt Retirement Fund;
(4) East Rolston Road City Share Bonds Debt Retirement Fund;
(5) North Bridge Street Special Assessment Bonds, Series 1991 Debt Retirement Fund;
(6) W. Rolston Special Assessment Bonds Debt Retirement Fund; and
(7) Yorkshire Special Assessment Bonds Debt Retirement Fund.
(B) The above-referenced debt retirement funds shall be pooled in accordance with the Revised Municipal Finance Act, Public Act 34 of 2001, being M.C.L.A. § 141.2705.
(2011 Code, § 3.12.010) (Ord. passed - -)