(a) There is hereby created a fund for the permanent maintenance and upkeep of the Municipal cemeteries, which fund shall be designated the "Cemetery Maintenance Fund." The Fund shall contain moneys appropriated by Council from the General Fund and interest earned and accumulated from the Cemetery Investment Fund.
(b) There is hereby created a fund for moneys received from the sale of Municipal cemetery lots, which fund shall be designated the Cemetery Investment Fund. The Fund shall contain deposits received from the sale of lots in the Municipal cemeteries together with other funds and other moneys accepted in accordance with Ohio R.C. 759.12. The Director of Finance is hereby authorized to invest such funds and keep them invested in accordance with Ohio R.C. 759.15.
(Ord. 1978-4. Passed 1-5-78.)