(A) Creation of special fund. There is hereby established a special fund to be known as Fund #2508 - Carroll Road Sidewalk/Trail Improvement Fund.
(B) Purpose of the fund. The purpose of this fund is to be used for sidewalk and/or trail improvements on Carroll Road in the Town of Huntertown.
(C) Expiration of fund. In the event the Carroll Road Sidewalk/Trail Improvement Fund is not used by December 31, 2031, all monies deposited into this fund will be transferred to the Huntertown CEDIT Fund and used for general sidewalk/trail purposes.
(Ord. 2023-001, passed 1-3-23)