(A) A new fund, “Meijer Opioid Settlement” fund is hereby created as Fund No. 1239 for the receipt and deposit of settlement funds for the Meijer Opioid Settlement.
(B) The revenue for this new fund will come as a single check for $562,500.
(C) Expenditures for this fund will include specific disbursements to specific entities to be determined by the Howard County Board of Commissioners.
(D) The life of the fund will be until the funds are fully disbursed and depleted.
(E) The fund balance is perpetual until all cash has been spent.
(F) The fund cash balance will be $0.00 upon termination of the fund.
(Ord. 2023-BCCO-21, passed 6-19-23)