7-6-2221. Limitations on capital improvement fund. The capital improvement fund may not exceed at any time a competent engineering estimate of the cost of the adopted capital improvement program. Money deposited in the fund must be expended within a 10-year period.

     History: En. 16-1188 by Sec. 3, Ch. 54, L. 1975; R.C.M. 1947, 16-1188; amd. Sec. 6, Ch. 252, L. 1979.