19-2873b. Same; land acquisition fund; use; transfers; budget laws inapplicable.
19-2873b
19-2873b. Same; land acquisition fund; use; transfers; budget laws
inapplicable.
The board may by resolution provide for the establishment of a land
acquisition fund and any moneys therein at any time may be expended for
acquisition of land and improvements and/or construction of improvements
for future park and recreational use or for any of such purposes. The board
may transfer to the land acquisition fund moneys in the general fund of the
district and such other moneys as are authorized by law to be transferred
thereto. Budget laws shall not apply to expenditures from the land
acquisition fund.
History: L. 1970, ch. 113, § 9; L. 1972, ch. 82, § 1; July 1.