(A) There is hereby established within the budget and general fund of the town a Special Emergency Medical Services Department Non-Reverting Equipment Fund pursuant to the provisions of I.C. 36-1-3-1, et seq., as amended from time to time.
(B) The established Special Emergency Medical Services Non-Reverting Equipment Fund shall be funded from the collections made of billings issued by or on behalf of the Town of Cedar Lake for emergency medical services rendered by the Town of Cedar Lake Municipal Fire Department for the provision of emergency medical services by the Town of Cedar Lake Municipal Fire Department. The amount to be deposited into the Special Emergency Medical Services Non-Reverting Equipment Fund from the collection made of billings issued by the Town of Cedar Lake Municipal Fire Department for emergency medical services provided will be 15% of the amount collected each calendar year. All billings collected by or on behalf of the Town of Cedar Lake for emergency medical services rendered by the Town of Cedar Lake Municipal Fire Department shall continue to be deposited, accounted for, and utilized in the same manner as before establishment and adoption of this town code section, as amended.
(C) The funds deposited into the Special Emergency Medical Services Non-Reverting Equipment Fund shall be reviewed annually by the Town Council. The funds collected and deposited into the Special Emergency Medical Services Non-Reverting Equipment Fund shall be utilized solely for equipment purchases by the Town of Cedar Lake Municipal Fire Department, a department of town government, after review and approval by the Town Council. The funds are to be used for capital purchases of equipment, and not for operation and maintenance expenditures, as well as vendor costs and expenditures for software and hardware operational requirements of the Town Municipal Fire Department in provision of emergency medical services.
(D) The established Special Emergency Medical Services Non-Reverting Equipment Fund shall continue as a non-reverting fund until or unless amended or repealed by a subsequent ordinance of the town. The fund balance in the Special Emergency Medical Services Department Non-Reverting Equipment Fund shall be non-reverting at each calendar year-end. In the event the fund is terminated by repeal or amendatory ordinance, the funds contained therein at the time of termination of the fund by repealer ordinance shall be deposited into the General Fund of the town.
(Ord. 717, passed 5-12-98; Am. Ord. 836, passed 11-26-02; Am. Ord. 1145, passed 12-20-11; Am. Ord. 1313, passed 1-15-19)