§ 12.32.050. Investments and donations

Latest version.

The funds shall be invested by the city treasurer of the city in securities as provided by law, and the interest accruing from the investments shall annually be expended for caring for graves and beautifying and improving the cemetery as provided by law; except that where any donation or bequest is made by an individual owning lots in the cemetery for the purpose of maintaining any specified lot or lots, then a sufficient amount of the income from the donation or bequest shall be used annually to care for the lot or lots in the manner provided by law, and any excess shall be used in the care and maintenance of such cemetery.

(Prior code § 12-304)

                    
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