(A) The Lake County Council establishes the Lake County Rainy Day Restricted - MVH for MVH Transfers Fund, Fund No. 378 (Restricted Fund No. 378), a non-reverting fund.
(B) Revenues in the Lake County Motor Vehicle Highway Fund (MVH) may be transferred to Restricted Fund No. 378 for the purpose of using the revenues as the county's match in applying for a grant from the State Local Road & Bridge Matching Grant Fund (Grant Fund) pursuant to I.C. 8-23-30-3(2).
(C) Restricted Fund No. 378 shall be subject to the same appropriation process as all other funds that receive tax money.
(D) Appropriations made from Restricted Fund No. 378 be made only upon a finding that the proposed use of the appropriation is consistent with the intent of this section.
(Ord. 1398A, passed 7-12-2016)