(A) There is hereby established a Local Law Enforcement Grants Fund 0276 for the purpose of accounting for the receipts and disbursements of the city’s Local Law Enforcement grants.
(B) Monies deposited in said Fund shall be used in accordance with the grant agreement.
(C) Monies from said Fund may be disbursed only on approved claims allowed by the Common Council.
(D) Said fund shall be perpetual in nature; however, should the Fund terminate for any lawful reason, any balance of said Fund shall be disbursed in accordance with the grant agreement.
(Ord. 11-0014, passed 7-25-2011)