§ 7-3-28 RESERVE FUND.
   (A)   The city hereby establishes a reserve fund specifically for replacement and upgrading of the water system.
   (B)   The Clerk has the responsibility to invest such funds with the advice and consent of Mayor and Council.
(1992 Code, § 7-1-1134) (Ord. 06-01, passed 11-6-2006)