(A) An account is established for the deposit of monies for the Farmers Market Grant Fund. The monies for this fund will come from a Rural Development Grant.
(B) The account shall be named the Farmers Market Grant Fund and all funds contained in said account shall be expended only for the limited and exclusive purpose of the Farmers Market.
(C) The express and written approval of the Board of Public Works and Safety of the city shall be obtained prior to the expenditure of funds from the account.
(D) The account shall be nonreverting and exist until grant monies have been expended and the fund has been audited by the State Board of Accounts.
(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. 2005-19, passed 12-6-05)