(A) There is hereby established a Police Local Forfeitures Fund 0286 for the purpose of accounting for the receipts and disbursements of law enforcement programs of the city that are undertaken in support of and pursuant to the laws of the state regarding the disposition of forfeitures associated with local criminal investigations.
(B) Monies deposited in said Fund shall be used for the purpose and in support of the purposes set forth in division (A) above according to the laws of the state.
(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 as lawfully allowed.
(Ord. 12-0031, passed 12-10-2012)