(A) There is hereby established a non-reverting Harrison Square Stadium Maintenance Fund for the city. All revenues from naming rights fees, concession revenue, performance, special event parking, license fees, and City of Fort Wayne event revenues, and interest earnings on any unused funds shall be deposited in the Fund.
(B) The following expenditures may be made from said fund: maintenance, operating and improvement expenses for the Harrison Square Stadium and Conference Center.
(C) Disbursements from this fund will be authorized by the Redevelopment Commission and, as required by law, the Common Council. Such disbursements will be used exclusively for the operation, maintenance and improvement of the Harrison Square Stadium and Conference Center.
(D) The fund shall be non-reverting until termination of the fund by a subsequent ordinance.
(Ord. S-53-09, passed 5-18-09; Am. Ord. G-16-09, passed 6-9-09)