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9 5. IN THE EVENT TWO (2) OR MORE MAIN BUILDINGS ARE ERECTED ON THE SAME LOT OR TRACT THERE SHALL BE A MINIMUM DISTANCE OF FIFTY (50) FEET BETWEEN THE BUILDINGS ON ALL SIDES. IF, HOWEVER, • ANY SUCH BUILDING OR BUILDINGS SHALL FACE ON AND HAVE ACCESS TO A STREET ACCEPTED INTO THE CITY' S STREET SYSTEM OR AN UNDEDICATED PRIVATE THOROUGHFARE BUILT TO CITY STANDARDS FOR WIDTH AND CON- STRUCTION, THEN SUCH BUILDING OR BUILDINGS MAY BE LOCATED ACCORDING TO SET BACK REQUIREMENTS FOR FRONT AND REAR YARDS, AND SEPARATED BY A DISTANCE EQUAL TO TWICE THE SIDE YARD REQUIREMENTS OF THE R-3 MULTIPLE DWELLING DISTRICT. ADOPTED BY THE COUNCIL JANUARY 6, 1964 AYES: MR. HAGGERTY, MR. LEE, MR. MOUNT, MR. PONTON AND MR. SCRIBNER. NOES: NONE. CLERK PR 1 NT AN ORDINANCE AMENDING AND REENACTING CHAPTER 2 • OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 1959, BY THE ADDITION THERETO OF A N BV ARTICLE NUMBERED XIV ENTITLED "RETIREMENT PLAN COMMISSION". BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE THAT CHAPTER 2 OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 1959, IS HEREBY AMENDED AND REENACTED BY THE ADDITION THERETO OF A NEW ARTICLE NUMBERED XIV TO READ AS FOLLOWS: ARTICLE XIV. RETIREMENT PLAN COMMISSION. SEC. 2-195. MEMBERS. fm FOR THE PURPOSE OF ADMINISTERING, PRESERVING AND APPLYING THE SUPPLEMENTAL RETIREMENT OR PENSION PLAN CREATED BY THE ORDINANCES OF THE CITY, THE MAYOR. THE CHAIRMAN OF THE FINANCE COMMITTEE OF THE COUNCIL, THE DIRECTOR OF FINANCE, THE CITY MANAGER AND THE TREASURER, SHALL CONSTITUTE A COMMISSION TO BE CALLED THE RETIREMENT PLAN COMMISSION. SEC. 2-196. PRESIDENT AND SECRETARY; KEEPING JOURNAL; PRESERVING BOOKS AND PAPERS. THE MAYOR SHALL BE THE PRESIDENT AND THE DIRECTOR OF FINANCE THE SECRETARY OF THE COMMISSION. THE SECRETARY SHALL KEEP A CORRECT JOURNAL OF THE PROCEEDINGS OF EVERY MEETING, TO BE SIGNED BY HIMSELF AND THE PRESIDENT AND SHALL PRESERVE ALL BOOKS AND PAPERS OF THE COMMISSION IN HIS OFFICE. SEC. 2-197. CITY TREASURER TO KEEP ACCOUNT AND BE CUSTODIAN OF FUNDS. THE CITY TREASURER SHALL KEEP AN ACCOUNT OF AND SHALL BE THE CUSTODIAN OF ALL MONEYS, SECURITIES, BONDS AND OTHER EVIDENCES OF DEBT BELONGING TO THE RETIREMENT FUND. SEC. 2-198. SETTING APART FUNDS FOR THE RETIREMENT PLAN. THE COUNCIL SHALL APPROPRIATE EACH YEAR A SUM ESTIMATED TO BE SUFFICIENT FOR THAT FISCAL YEAR • TO MAKE ALL PAYMENTS REQUIRED BY THE CITY'S SUPPLEMENTAL RETIREMENT OR PENSION PLAN, AND ANY UNEXPENDED FUNDS SO APPROPRIATED, SHALL BE PLACED IN A FUND TO BE KNOWN AS THE RETIREMENT FUND. THE RETIREMENT FUND AND THE ANNUAL INCREMENTS TO THE FUND,,gIF ANY, SHALL BE INVESTED AS SET FORTH IN SEC. 2-199. THE ANNUAL INCOME FROM THE RETIREMENT FUND MAY BE USED TOWARD THE PAYMENTS DUE UNDER ITHE CITY'S SUPPLEMENTAL RETIREMENT OR PENSION PLAN, AS AMENDED; OR, SUCH ANNUAL INCOME MAY BE ADDED TO THE PRINCIPAL OF THE FUND UNTIL SUCH TIME AS THE COUNCIL DETERMINES THAT THE RETIREMENT FUND HAS SUFFICIENT PRINCIPAL AND THAT INCOME FROM SAID PRINCIPAL WILL SUFFICE TO MAKE THE PAYMENTS DUE UNDER SAID RETIREMENT PLAN. SEC. 2-199. INVESTMENT OF FUNDS. THE COMMISSION SHALL APPLY ALL APPROPRIATIONS, INTEREST AND PROFITS FROM ANY SECURITIES, BONDS OR OTHER EVIDENCES OF DEBT HELD BY THEM TO THE PURCHASE OF BONDS OR CERTIFICATES OF DEBT OF THIS CITY, OF THIS STATE, OF THE UNITED STATES OR OF SOME OTHER STATE OF THIS UNION OR TO THE PURCHASE OF ANY OTHER SECURITIES WHICH, UNDER THE LAWS OF THIS STATE, ARE DESIGNATED AND APPROVED FOR THE INVESTMENT OF FIDUCIARY FUNDS. THE ACCRUED INTEREST AND/OR DIVIDENDS ON SUCH SECURITIES SHALL BE COLLECTED BY THE TREASURER WHEN DUE AND DEPOSITED TO THE CREDIT OF THE RETIREMENT FUND. ALL SUCH SECURITIES, OR RE- INVESTMENTS OF THE SAME, AND THE INTEREST AND/OR DIVIDENDS THEREON, SHALL BE REINVESTED ACCORDING TO THE