All moneys acquired by donation which are to be invested or held intact, temporarily
or permanently, and all other property acquired by donation shall constitute "nonexpendable
trust funds."
(2)
The Director of Finance shall be the treasurer for any other trusts held by or in
the name of the City, its officers, departments or boards, except insofar as specifically
and irrevocably otherwise provided under the terms of the donation or trust. The Director
shall receive and deposit to the credit of such funds and accounts all the moneys
belonging thereto, and shall make disbursement therefrom only in accordance with resolutions
or other appropriate authorizations furnished by the Board of City Trusts or other
persons, officers, departments or boards having power so to authorize.
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