SECTION 6.06. CAPITAL IMPROVEMENT FUND.
   Council may create and maintain a capital improvement fund, and may from time to time transfer or appropriate thereto all moneys accruing to any other fund of the Municipality not needed for the purposes of such fund and available under law for transfer and also the unencumbered balance remaining in the General Fund at the end of any fiscal year. Moneys in the capital improvement fund shall be expended for capital improvements and debt service for capital improvements only.