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Assets of the library trust fund may be segregated into separate accounts, and the separate accounts may, for convenience or in order to comply with the conditions or requests of the donor, be designated by separate names. Assets of the various accounts may be commingled for investment or accounting purposes. Assets of the fund, including all separate accounts, may be invested and reinvested from time to time by the City in such depositories or securities as may be lawful for investment of other City funds.