All moneys derived from the interest, dividends, or other earnings of trust funds
or from the sale of trust fund assets that are to be expended for any purpose under
the terms of any donation or trusts shall constitute "expendable trust funds."
(2)
The Director of Finance shall maintain separate funds and bank accounts for each such
expendable trust fund, shall receive and deposit to the credit of such funds and accounts
all of the moneys belonging thereto, and shall make disbursement therefrom only in
accordance with resolutions or other appropriate authorization furnished by the Board
of City Trusts or other persons, officers, departments or boards having power so to
authorize.
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