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The proceeds of the sale of lots in cemeteries shall be paid into the city treasury and a receipt taken for same, and shall be subject to the appropriations of the Board of Mayor and Aldermen for any legal municipal expenditure, except that of the price paid to the City Treasurer for burial lots in any cemetery which shall hereafter be graded and offered for sale, 75% of the purchase price shall be paid by the City Treasurer to the trustees of trust funds, who shall hold, manage, and invest the same in the same manner as other funds in the hands of the trustees are held, managed, and invested and shall authorize expenditure of the net annual income thereof in the payment for watering the burial lots and keeping the grass upon the same cut. The remaining 25% of the price shall be paid into the city treasury.
('71 Code, § 7-2) (Ord. passed 2-17-93)