§ 27A-86. Capitalizing the funds.  


Latest version.
  • The funds may be funded with money:

    (a)

    Provided by contributions made from time to time, upon the order of the city council, from budgeted, appropriated, and currently available city money;

    (b)

    Derived from time to time by the city pursuant to agreements entered into with or any other third-person source of funding;

    (c)

    Derived from the proceeds of indebtedness or other obligations incurred by the city from time to time for the purpose of providing funding for the fund; or

    (d)

    Interest earned on the fund or funds.

(Ord. No. 5847, § 1(2.06), 8-23-90)