(A) The Lake County Council now establishes the Cumulative Bridge Project Fund, Fund No. 350, a non-reverting fund, established for the deposit of funds collected by the tax levy pursuant to I.C. 6-1.1-41 to be used for the purpose of constructing maintaining, or repairing bridges, approaches or grade separations, or as provided in I.C. 8-16-3-1.
(B) Appropriations from the Fund shall be subject to approval by the Lake County Council, or as otherwise provided by law.
(C) Any money remaining in the Fund at the end of the year shall not revert to the General Fund but continue in the Cumulative Bridge Project Fund, Fund No. 350, subject to appropriation by the Lake County Council, or as otherwise provided by law.
(Ord. 1348B, passed 6-12-2012)