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<br />~,:~:::;": 23.01 EST~:':~:;:: I'/.^":::: FUND ~"~ ....< :<<:~,,~:~;~+1::~!f:~
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<br />~~:""~''''''''-''--'''' .... . 'rhe r c ' is hereby . e G t ~ b 1 ish cd .'an d. c r~;"I-:;~~ (i.~ h:';:f ~nd_~::d~~I~:~~i~.,~l~~)~;~~::.:..;,:__;;:,;.:,:;.~..'~
<br />--"-'----.' the "Parkilnd Playg:colUld Fund", !t(!l"0inaftcr' rcferrcd.to.:~a::;.: .th~'::,"F~nd.;!'.":\::?':':':':~ '
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<br />21.02
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<br />There shaJ.l bb depo::;i.b~u in s,lid fund ,:111 C<l:;!l payrnnnts rect':.i:ved
<br />OJ' the City pUJ:"suant to the pruvisionsof Chapter 42.07(2) of this code,
<br />.as well aG from ~ny source aG provid~d by Federal, Stilloor City la~s,
<br />ordinances or regulati~ns,
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<br />23.03
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<br />USE .OF F-lP!D
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<br />Subdivision' 1:. ~ha~:-.42.07L?J Payments. Such paYMents
<br />shall only be used by 't.h(~ ci ty for the aCCluisi tion of land for parks,
<br />playgrounds, p'lblicopel'\ Gp.-lee or ~j.torn. .,.;~ter Lolding areas or ponds ,
<br />development of existing par!:s LUll.! ploygrouno sites, public open space'
<br />and stol:m. t,.liiLcr !iolc.1.iriq .:.ir.~~,!=.3 ,::.r r~.::.!:.Js, ;tnd c:!-.i.-,t-. ':'-l~t.lre!ncJ1t.. in co"nnection'"
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<br />.-...,...;; """',t~'1all'1 5::: ::::~: :~qUO~;l~ r f::c:~s ~Ub~:::c :u::::::~s deposited in..
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<br />::_..."f-Y.>-the ~und, incl uding:l.~ h no's t earned, may be' use for the purposes set.
<br />fnd'.h tn Chapl-{'I:" ~'-l.n', :".lldi'lir;i.,m 1 i1nd [0 i.- the purchase of park
<br />c..lnd i) 1. u~.i 9 ro un(j (:\.1 i.i"irnr,o; ::-1 ~~., ~; ~lp I.ll i (~~; d c:\i i..:." : }...;.~/l'l~i::;~ t of CO:i1TJC n sa tion
<br />and \.}ther pi.uk und pla'/gl"olln~! Uj (~l.-a: : 11:j c;.:pcn':;,:f;.
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<br />23.04
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<br />'J'lu\r1SFEH OF FUNDS
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<br />- the pu;."posv~; entl:nerat'(~cl in C;Llptc~l 23.03. .
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