(A) The Strasburg-Franklin Park Capital Improvement Trust Fund is established in accordance with R.C. § 5705.09(H), for the purpose of placing funds received from governmental and private grants, community and private contributions, together with any other funds raised, to be used by the village for improvements to Strasburg-Franklin Park for a community walking/running track and other capital improvement projects as deemed appropriate by the village, either now or in the future.
(B) The Village Clerk-Treasurer is hereby authorized to deposit monies received from governmental and private grants, community and private contributions, and any other fundraising efforts by the village for improvements to said Strasburg-Franklin Park into said account as they may be received.
(Ord. O-25-01, passed 1-2-2002)