Section 37505 Of Article 5. Assembly Or Convention Halls From California Government Code >> Division 3. >> Title 4. >> Part 2. >> Chapter 5. >> Article 5.
37505
. Money obtained from the use of such building shall be
deposited in the city treasury to the credit of the proper fund and
applied, in order, to the following purposes exclusively:
(a) The necessary expenses of maintaining, insuring, and making
improvements and repairs on, the hall.
(b) Payment of interest and principal on the bonds.
(c) The surplus remaining may be appropriated and used for general
municipal purposes.