A. A special cemetery improvement reserve within the cemetery fund is established with moneys received from the amount set forth in BMC 8.08.040(B), grave sales, and from any property devised, bequeathed or given in trust to the cemetery.

B. Interest or dividends from investments of or deposits in the cemetery improvement reserve may be used for care and operation of the cemetery or for capital improvements or embellishments within the cemetery.

C. The principal from such reserve may be used, as authorized by the city council, for improvements to the cemetery. [Ord. 2001-12-100 § 3; Ord. 9898 § 4, 1989; Ord. 9412, 1985].