14-2004. Establishment of park land acquisition fund by commission-manager cities; use; limitations.
14-2004
14-2004. Establishment of park land acquisition fund bycommission-manager cities; use; limitations.Any city of the second class operating under the commission-manager formof government is hereby authorized to establish a park land acquisitionfund to be used for purchasing or otherwise acquiring land for parkpurposes. The governing body of such city may transfer not to exceed fivethousand dollars ($5,000) a year from its general operating fund to thepark land acquisition fund and use any money in said fund from time to timeto acquire land for park purposes. Not more than twenty-five thousanddollars ($25,000) shall be accumulated in said fund at any time. Any moneyin said fund may be expended during any budget year even though the samewas not included in the budget of expenditures for such year.
History: L. 1963, ch. 114, § 1; June 30.