§ 152.38 UNSAFE BUILDING FUND.

   (A)   The Unsafe Building Fund is hereby created.

   (B)   (1)   Money for the Unsafe Building Fund may be received from any source, including appropriations by local, state, or federal governments and donations. The Unsafe Building Fund shall also be established in the operating budget. Any balance remaining at the end of a fiscal year shall be carried over in the fund for the following year and does not revert to the General Fund.

      (2)   The following money shall be deposited in the Fund:

         (a)   Money received as payment for, or settlement of, obligations or judgments established under §§ 152.18 through 152.20, 152.35, 152.36, and I.C. 36-7-9-17 through 36-7-9-22, and successor statutes as they may be enacted;

         (b)   Money received from bonds posted under I.C. 36-7-9-20 and successor statutes as they may be enacted;

         (c)   Money received in satisfaction of receivers’ notes or certificates that were issued under I.C. 36-7-9-20, and successor statutes as they may be enacted, and were purchased with money from the Unsafe Building Fund;

         (d)   Money received for payment or settlement of civil penalties imposed under § 152.17; and

         (e)   Money received from the collection of special assessments under § 152.37.

   (C)   Money in the Unsafe Building Fund may be used for the expenses incurred in carrying out the purposes of this chapter, including:

      (1)   The cost of obtaining reliable information about the identity and location of each person who owns a substantial property interest in unsafe premises;

      (2)   The cost of an examination of an unsafe building by a registered architect or registered engineer not employed by the town;

      (3)   The cost of surveys necessary to determine the location and dimensions of real property on which an unsafe building is located;

      (4)   The cost of giving notice of orders, notice of statements of rescission, notice of continued hearing and notice of statements that public bids are to be let in the manner prescribed by § 152.52;

      (5)   The bid price of work by a contractor under §§ 152.19 or 152.51;

      (6)   The cost of emergency action under § 152.18; and

      (7)   The cost of notes or receivers’ certificates issued under I.C. 36-7-9-20 and successor statutes as they may be enacted.

   (D)   Payment of money from the Unsafe Building Fund must be made in accordance with applicable law.

(2005 Code, § 152.33)  (Ord. G-04-24, passed 8-19-2004)