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There is created a fund to be known as the cemetery improvement fund into which fund shall be deposited such percentage of all moneys received from sale of grave lots, as shall be established annually by the city council before the beginning of new calendar year. The principal of said fund shall be irreducible and shall be invested by the city clerk. Only the interest received from investment of said fund shall be used for maintenance and operation of the cemetery. (Ord. 1967 § 5, 1984)