(a) Monetary Bequests. Absent express legislative or testamentary provisions to the contrary, all monetary bequests received by the City shall be equally divided between the Park Capital Improvement Fund, with such proceeds or bequests being designated for capital improvements, and another City capital improvement fund.
(b) Estate Tax Proceeds. Absent express legislative or testamentary provisions to the contrary, all estate tax proceeds received by the City shall go into the General Fund.
(Ord. 92-80. Passed 12-15-92; Ord. 2004-83. Passed 1-4-05; Ord. 2008-87. Passed 1-6-09.)