(A) The EDIT (Economic Development Income Tax) Fund of the General Fund is hereby created. Said fund shall be a non-reverting, special fund.
(B) All EDIT revenue received from the county shall be deposited into said fund.
(C) Said Fund may only be used in accordance to the Capital Improvement Plan of the city adopted in 2001 and any subsequent amendments thereto.
(Res. 2002-1001, passed 10-14-2002)