(A) There is hereby established a special fund to be entitled “The Hagerstown Police Department Grant Fund.” The Clerk-Treasurer of the Town of Hagerstown is hereby empowered to receive and deposit monetary grants which are made for use by the Town of Hagerstown Police Department with respect any and all actions, endeavors, purchases, or uses proper under the law, with said grants to be placed with a financial institution named by the town as a depository.
(B) Grants made to The Hagerstown Police Department Grant Fund are to be used to promote and further expand new and existing police department resources and endeavors which would substantially reduce the overall costs of the Hagerstown Police Department associated with any such purpose.
(C) That although the purposes of the grants deposited in The Hagerstown Police Department Grant Fund are to be used as provided herein, the Clerk-Treasurer of the town shall account for said fund in a such a way as to give due regard to the specific intention of any grantor making any grant to said fund.
(D) The Clerk-Treasurer is also hereby empowered to disburse amounts from The Hagerstown Police Department Grant Fund to persons or agencies from whom services, equipment, or products are purchased or used, upon proper presentation of a claim before the Town Council of the Town of Hagerstown and acceptance thereof, all in accordance with the rules and regulations of the Indiana State Board of Accounts.
(Ord. 6-2017, passed 5-1-2017)