Money received from the sale of lots and other services must be paid to the Administrator/Clerk- Treasurer who must give a receipt therefor. A deed to any cemetery lot may not be issued, nor any services be performed until a receipt showing payment to the Administrator/Clerk-Treasurer of the cost thereof is exhibited to the person whose duty it is to give the deed or perform the services. Money received from the sale of lots and for the performance of services must be placed in the Cemetery Fund. The fund is to be used for the payment of the purchase price of grounds, or for maintenance and improvements and for no other purpose. The Administrator/Clerk-Treasurer must keep an account of all receipts and disbursements of money belonging to the Cemetery Fund and pay money out of the fund only on orders signed by the authorized signators, specifying that the money be paid from the Cemetery Fund. The Council may designate funds for use by and for the cemetery as authorized by M.S. Chapter 306, as it may be amended from time to time. These funds will be held in the Cemetery Fund. Monies in the Cemetery Fund may be invested in any security that is an authorized investment for the city.
(Prior Code, § 520.05)