(A) All donations received by the city dedicated to the development of these recreational amenities shall be deposited in this fund. Further, should the city wish to appropriate funds for this purpose, those funds shall also be held in this fund. Grants received by the city for such amenities shall also be deposited in this fund.
(B) Expenditures for this fund for the purpose of land acquisition, planning, design, engineering, construction, and maintenance of such facilities are hereby authorized from said fund, provided they are approved in advance in accordance with statutory provisions by the New Castle Board of Public Works and Safety.
(Ord. 3746, passed 6-6-16)