(A) An account is established for the purpose of the deposit of monies from donations, appropriations from city accounts, fundraisers, or any other lawful source for the exclusive use by the Madison City Tree Board.
(B) The account shall be named the Madison City Tree Board Fund, and all funds contained in the account shall be expended only for the exclusive purpose of matching funds for grants and the maintenance and operations of the Madison City Tree Board, and its authorized activities.
(C) The express and written approval of the Board of Public Works and Safety shall be obtained prior to the expenditures of funds from said account.
(D) The account shall be nonreverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council.
(E) If the account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Common Council.
(Ord. 1995-13, passed 7-11-95; Am. Ord. 2014-25, passed 1-20-15)