There is hereby established a special fund which
shall be known as the "Tree Replacement and Preservation Fund."
[Amended 4-16-2018]
There shall be deposited in said fund all moneys received on
account of fines levied by the Tree Warden; all moneys received from
whatever source and by whatever means as gifts for the purpose of
planting, replacing, trimming, removing, nourishing, and maintaining
trees and shrubs on property or of on rights-of-way of the City of
Meriden; all moneys received from whatever source and by whatever
means as government grants or loans for the purpose of planting, replacing,
trimming, removing, nourishing, and maintaining trees and shrubs on
property of or on rights-of-way of the City of Meriden; and all moneys
duly appropriated to said fund at the direction of the City Council.
Said fund shall be in the custody of the Treasurer
of the City. All or any part of the balance of said fund may, from
time to time, be invested in any manner in which public funds may
lawfully be invested. All income from such investments shall be paid
into the fund and become a part thereof. The moneys so invested shall
at all times be subject to withdrawal from such investment for use
as provided in this article.
The Treasurer shall submit to the City Council
and the Director of Public Works, Parks and Recreation a complete
and detailed report of the condition of said fund, which report shall
be made part of the annual report of the City.
Upon authorization by the City Council, the
moneys in said fund may be expended in expenses incurred for the purpose
of planting, replacing, trimming, removing, nourishing and maintaining
trees and shrubs.