§ 36.031 PURPOSE OF FUND.

   The Cumulative Capital Improvement Fund may only be used for the following purposes:

   (A)   To purchase land, easements, or rights-of-way;

   (B)   To purchase buildings;

   (C)   To construct or improve municipally-owned property;

   (D)   To retire general obligation bonds issued for one of the purposes stated in divisions (A), (B), or (C) of this section.

('80 Code, § 3.08.020)