The special nonreverting capital fund created under the previous statute and authorized under Indiana Code 36-10-4-16 is continued. Expenditures may be made by appropriation by the Common Council. Expenditures from this fund may be disbursed only on approved claims allowed and signed by the president and secretary of the Board. Expenditures may be made for the sole purpose of acquiring land or making specific capital improvements. Moneys placed in this fund shall not be withdrawn except for the purposes for which the fund was created, unless the Common Council repeals this provision and abolishes the fund. (Ord. 99-09 § 2, 1999; Ord. 86-20 § 1 (part), 1986).