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(A) The town shall establish a fund designated as the Town of Bainbridge Economic Development Income Tax Fund and be further designated as Account No. 447.
(B) The Clerk-Treasurer shall be authorized to disburse these funds pursuant to the Capital Improvement Plan adopted pursuant to I.C. 6-3.5-7-15.
(1996 Code, § 2-197) (Res. 1995-5, passed 5-17-1995)