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In the event that the Common Council, pursuant to the provisions of I.C. 36-9-6.1 et seq. and all acts amendatory thereto, should levy a tax on taxable property in the city for the purpose of a Thoroughfare Fund, the fund, when collected, shall be kept separate from other funds of the city, and pursuant to statutory authority the fund shall be a continuing fund to be drawn upon by the Board of Public Works and Safety of this city, for work done under, in furtherance of, or in carrying out a part of the Official Thoroughfare Plan.
(Ord. CO-67-4, passed 2-21-67; Am. Ord. CO-90-11, passed 12-10-90)