New Orleans City Code § 70-191 Established.
Sec. 70-191. - Established.
(a) In accordance with the provisions of section 6-215 of the Charter, the Cultural Center Improvement and Maintenance Fund is hereby established to receive revenues derived from the surcharge imposed on tickets sold to events at the municipal auditorium and the theatre of the performing arts and to receive donations from private individuals, corporations and other institutions and entities in order to aid and assist the city in its efforts to improve and maintain the cultural center.
(b) The fund hereby established shall be administered by the director of the department of property management and shall be kept in an interest-bearing account with interest accruing to the benefit of and to become a part of the fund.
(c) Conditional donations to the fund shall be reviewed by the board of city trusts as required by section 5-402 of the Charter.
(d) The disposition of these funds shall be in conformity with section 146-758.
(Code 1956, § 2-28.4)