(A) The Building Administrator shall establish in its operating budget a fund designated as the Unsafe Building Fund. Any balance remaining at the end of the fiscal year shall be carried over in the fund for the following year and does not revert to the general fund.
(B) Money for the Unsafe Building Fund may be received from any source, including appropriations by local, state or federal governments and donations. The following money shall be deposited in the fund:
(1) Money received as payment for or settlement of obligations or judgments established under §§ 150.36 through 150.40 and any civil actions, injunctions, civil forfeitures, appointments of receiver, court orders authorizing performances of work and emergency court orders authorizing action to make premises safe, pursuant to I.C. 36-7-9-17 through 36-7-9-22;
(2) Money received from bonds posted under § 150.34; and
(3) Money received in satisfaction of receivers notes or certificates that were issued under I.C. 36-7-9-20 (appointment of receiver) and were purchased with money from the Unsafe Building Fund.
(C) Money in the Unsafe Building Fund may be used for the expenses incurred in carrying the purposes of this subchapter, including:
(1) The cost of obtaining reliable information about the identity and location of each person who owns a substantial property interest in unsafe premises;
(2) The cost of an examination of an unsafe building by a registered architect or registered engineer not employed by the city;
(3) The cost of surveys necessary to determine the location and dimensions of real property on which an unsafe building is located;
(4) The cost of giving notice of orders, notice of statements of recission, notice of continued hearing and notice of statements that public bids are to be let in the manner prescribed by § 150.44;
(5) The bid price of work by a contractor under this subchapter;
(6) The cost of emergency action under this subchapter;
(7) The cost of notes or receivers’ certificates issued pursuant to this subchapter; and
(8) Payment of money from the Unsafe Building Fund must be made in accordance with applicable law.
(Ord. 15-2005, passed 6-29-2005)