13-1397. Same; revenues to separate fund; use.
13-1397
13-1397. Same; revenues to separate fund; use.Revenues derived from the operation of any such swimming pools and golfcourses financed in whole or in part by revenue bonds authorized by thisact shall be paid into the treasury of the board of park commissioners andkept in a separate fund and shall not be used except for the purpose ofpaying the cost of operation, maintenance and improvement of such swimmingpools and golf courses, providing an adequate depreciation fund and payingthe principal of and the interest upon the revenue bonds issued under theact.
History: L. 1967, ch. 110, § 3; July 1.