(A) There is hereby established a "Town of Cedar Lake, Lake County, Indiana, Municipal Fire Department Equipment Special Revenue Non-reverting Fund", which shall be a special revenue non-reverting fund under the rules, regulations and requirements of applicable Indiana Law, including the Indiana Code, as amended from time to time, as well as the administrative rules and requirements of the Indiana State Board of Accounts.
(B) Any monies collected, such as donations, gifts, contributions, grants, or any other specifically designated funds collected by the Town Municipal Fire Department for equipment for the Fire Department and its personnel which are not otherwise specifically deposited pursuant to any other town ordinances or applicable state law, as well as specific designated appropriations from other town funds, shall be deposited into the "Town of Cedar Lake, Lake County, Indiana, Municipal Fire Department Equipment Special Revenue Non-reverting Fund".
(C) The monies deposited into the "Town of Cedar Lake, Lake County, Indiana, Municipal Fire Department Equipment Special Revenue Non-reverting Fund" shall be utilized and expended only in connection with the purchase for use by the Town Municipal Fire Department, and its personnel, of equipment for the Town Municipal Fire Department, and its personnel, provided such equipment is purchased in conformance with the requirements of applicable public purchasing laws.
(D) The Clerk-Treasurer of the town is hereby authorized and directed to take all appropriate and required steps to establish said "Town of Cedar Lake, Lake County, Indiana, Municipal Fire Department Equipment Special Revenue Non-reverting Fund", in conformance and compliance with all applicable law, as such is or may be amended hereafter from time to time.
(Ord. 1431, passed 9-20-22)