Effective January 1, 2005, the city will annually allocate to the Capital Replacement Reserve Fund $327,385 out of the city regional law enforcement facility revenues and shall place the amount into the fund in four installments:
(A) The first installment being paid within 45 days after the first quarter of the fiscal year;
(B) The second installment being paid within 45 days after the second fiscal quarter of the year;
(C) The third installment being paid within 45 days after the third quarter of the fiscal year; and
(D) The fourth installment being paid within 45 days after the fourth quarter of the fiscal year.
(Prior Code, § 2.09.02) (Ord. 560, passed - -; Ord. 731, passed - -; Ord. 755, passed - -)