§ 26-98-220. Establishment and administration of Windsor Park development fund.

(a)

There is created in the office of the county auditor-controller in the county treasury a special interest bearing trust fund entitled "Windsor Specific Plan Park Development Fund." All park acquisition, development and frontage fees collected pursuant to Section 26-98-200 et seq. shall be placed in said fund and shall be expended in accordance with the provision of the Windsor specific plan to pay the costs of park acquisition, development and frontage improvements associated therewith.

(b)

Amounts deposited in the fund set forth above may, upon incorporation of the Windsor area or upon assumption of county obligations by a special district, be transferred to the town of Windsor or such district for the purposes set forth herein.

(Ord. No. 4818 § 1, 1994: Ord. No. 4643, 1993.)