(A) There is hereby established the Town Police 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 Police Department for equipment for the Police 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 Police Department Equipment Special Revenue Non-reverting Fund.
(C) The monies deposited into the Town Police Department Equipment Special Revenue Non-reverting Fund shall be utilized and expended only in connection with the purchase for use by the Police Department, of law enforcement equipment for the Police Department, provided that such equipment is purchased in conformance with the requirements of applicable public purchasing laws, as well as for purposes of law enforcement education, training and professional improvement and enhancement.
(D) The Clerk-Treasurer of the town is hereby authorized and directed to take all appropriate and required steps to establish the Town Police Department Equipment Special Revenue Non-reverting Fund in conformance and compliance with all applicable law, as amended from time to time.
(Ord. 1127, passed 4-5-11; Am. Ord. 1219, passed 6-16-15)