125.18 TRANSFER OF UNCLAIMED DEPOSITS TO THE GENERAL FUND.
   The Director of Finance is authorized and directed to transfer to the General Fund any funds, including cash bonds, deposited with the Village in accordance with the ordinances, rules and regulations, or requirements of the Village for administrative costs, building permits costs, construction deposits, inspection deposits, deposits to cover repairs to municipal property and any other un-refunded deposits or funds that are not claimed by a lawful owner within five years from the date of deposit, and provided that the funds are no longer subject to being used by the Village for the purpose for which they were deposited.
(Ord. 2011-04. Passed 1-10-11.)