Until the end of the enterprise zone phaseout period, the city shall deposit each year in the Special Zone Fund any amount in the allocation fund derived from property tax proceeds in excess of those described in I.C. 36-7-14-39(b)(1) from property located in the enterprise zone that exceeds the amount sufficient for the purposes specified in I.C. 36-7-14-39 (b)(3) for the year, all in accordance with the requirements of I.C. 36-7-14-39(g).
(1979 Code, § 33.131) (Ord. 3805, passed 6-1-1987)