(A) Established. The Lake County, as legislative and fiscal body of the Lake Ridge Fire Protection District (district) establishes a Non-Reverting Cumulative Building and Equipment Fund under I.C. 6-1.1-41 et seq.
(B) Use of funds. The Fund shall be established pursuant to the requirements of I.C. 6-1.1-41 et seq.; and be used for the purposes provided in I.C. 36-8-14-2 as follows:
(1) The purchase, construction, renovation, or addiction to building used by the Fire Department or a volunteer fire department serving the unit;
(2) The purchase of fire-fighting equipment for use of the Fire Department or volunteer fire department serving the unit, including making the required payments under a lease rental with option to purchase agreement made to acquire the equipment;
(3) In a municipality, the purchase of police radio equipment; and
(4) The purchase, construction, renovation or addition to a building, or the purchase of equipment, for use of a provider of emergency medical services under I.C. 16-31-5 to the unit establishing the Fund.
(C) Appropriations. All appropriations from the Fund shall be made by the Lake County Council, as provided by law.
(Ord. 1229A, passed 7-9-2002)