§ 10-47. Municipal cemetery system funds.

(a)

Perpetual care trust. There shall be a perpetual care trust comprised of the following income sources and authorized expenditures:

(1)

Income. There shall be set aside and deposited in the perpetual care trust:

a.

Nineteen (19) percent of the total amount received from the sale of each lot or plot, columbarium niche and mausoleum crypt; and

b.

For each memorial, monument, marker or bench sold or installed or both in the cemetery system, twenty cents ($0.20) per square inch of the top surface of bronze markers and the top surface of the base of stone monuments.

(2)

Expenditures. The income of the perpetual care trust shall be used only for the following purposes:

a.

The perpetual care of lots, plots, crypts, and niches; and

b.

The repair of lots, plots, crypts, and niches to the extent that such are damaged through the maintenance process, which maintenance shall not include the regular repair, cleaning, refinishing or replacement of any item deteriorated from age or use, but shall include the cleaning and maintenance of the mausoleum and the columbarium as well as the turf and common areas surrounding structures; and

c.

The cost of managing the perpetual care trust; and

d.

Capital improvements to the cemetery system when recommended by the cemetery system board of trustees and approved by the city commission may be funded with excess accumulated income from all years, provided that the finance director has determined that such action will not adversely affect the perpetual operation and maintenance of the cemetery system.

No portion of the corpus of the perpetual care trust shall be withdrawn for any reason whatsoever.

(b)

[ Reserved. ]

(Ord. No. C-90-102, § 1, 12-18-90; Ord. No. C-00-55, § 1, 10-3-00; Ord. No. C-03-45, § 2, 1-6-04 )