Chapter 3.44CARPENTER MEMORIAL LIBRARY CONSTRUCTION FUND

Sections:

3.44.010
Created – Sources.
3.44.020
Purposes.
3.44.030
Uses.
3.44.010Created – Sources.

There is created a special fund entitled “Carpenter Memorial Library construction fund” into which shall be paid all funds received by the city from the U.S. Department of Commerce Economic Development Administration pursuant to a grant by the Economic Development Administration.

(Ord. 721 § 1, 1977)

3.44.020Purposes.

This fund is established to account for all federal funds received from the Economic Development Administration in accordance with regulations imposed by the Economic Development Administration.

(Ord. 721 § 2, 1977)

3.44.030Uses.

Expenditures from this fund shall be used solely for constructing and equipping Carpenter Memorial Library pursuant to Economic Development Administration Project No. 07-51-04503.