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Expenditure of insurance proceeds from capital funds.

New Orleans City Code § 70-2
in effect
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Sec. 70-2. - Expenditure of insurance proceeds from capital funds. The director of the department of finance shall expend from capital funds, pending amendment of the capital budget, such amounts as may be necessary to restore immovable property damaged by fire or other casualties as covered by insurance when the proceeds of the insurance settlement covering such damage or loss has been deposited in such capital funds, as set forth in section 6-204 of the Charter. (Code 1956, § 2-53)
Source: City of New Orleans, Code of Ordinances and Home Rule Charter (Municode Library, library.municode.com)URL: https://library.municode.com/la/new_orleans/codes/code_of_ordinances?nodeId=PTIICO_CH70FI_ARTIINGE_S70-2EXINPRCAFUFetched: 10/28/2026

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