§ 3.05.020. Transfers to the capital improvement stabilization fund.

Latest version.

Within ninety days of the certification of free cash by the department of revenue, the mayor shall present to the city council, and the city council shall approve, a transfer to the capital improvement stabilization fund of a sum equal to not less than twenty percent of the total free cash amount certified by the department of revenue.

(Ord. No. 17-149, § 1, 6-19-2017)

                    
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