Additional powers.
Houston Code of Ordinances § 2-368
in effectSec. 2-368. - Additional powers.
(a) The center may cooperate with any trust created for a purpose similar to that of the center as set out in section 2-367 of this Code. In addition, the center may contract for financial management and investment services and may pay the reasonable fees therefor from solicited funds, gifts, bequests, and income therefrom; provided, the center shall exclude therefrom any solicited funds, gifts, or bequests when payment of a financial management and investment service fee would be contrary to the provisions of the grant.
(b) The center may exercise its sole discretion in the application for literacy purposes of funds received from any trust created specifically for the benefit of the center when such trust specifically grants such sole authority to the center and from funds donated directly to the center; provided, expenditure of funds shall be in compliance with the applicable competitive bid laws of the state and the Charter of the city.
(Ord. No. 88-93, § 1, 1-20-88; Ord. No. 2012-71, § 2, 1-25-2012)
Source: City of Houston, Code of Ordinances and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/tx/houston/codes/code_of_ordinances?nodeId=COOR_CH2AD_ARTXIBOCOAUET_DIV4HOCELI_S2-368ADPOFetched: 10/26/2026