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There is created a fund to be known as the "park fund," of which fund the city treasurer shall be the custodian. There shall be paid into the fund such moneys as the city council may from time to time order, as well as any and all moneys which may be donated to the city for park purposes. The moneys in the park fund shall be expended only for the acquisition and improvement of the free public parks belonging to the city.

(Prior code § 1.50.030)