(A) The American Rescue Plan Act of 2021 (ARP) Coronavirus Local Fiscal Recovery Grant Fund, a non-reverting fund, is established for the deposit and disbursement of funds pursuant to the American Rescue Plan Act of 2021.
(B) Pursuant to I.C. 36-2-5-2(b), the Lake County fiscal body shall appropriate all money to be paid out of the Fund, except as otherwise provided by law.
(C) Any money remaining in the Fund at the end of the year shall not revert to any other fund but continues in the American Rescue Plan Act of 2021 (ARP) Coronavirus Local Fiscal Recovery Grant Fund. Any unused funds shall be paid back to the United States Treasury when required.
(Ord. 1458A, passed 4-13-2021)