(A) The City of Lawrenceburg shall, and does hereby create the Unsafe Building Fund.
(B) The Unsafe Building Fund shall be funded pursuant to I.C. 36-7-9-14(b):
“(b) Money for the unsafe building fund may be received from any source, including appropriations by local, state, or federal governments, and donations. The following money shall be deposited in the fund:
(1) Money received as payment for or settlement of obligations or judgments established under sections 9 through 13 and 17 through 22 of this chapter.
(2) Money received from bonds posted under section 7 of this chapter.
(3) Money received in satisfaction of receivers' notes or certificates that were issued under section 20 of this chapter and were purchased with money from the unsafe building fund.
(4) Money received for payment or settlement of civil penalties or fines imposed under section 7 of this chapter.
(5) Money received from the collection of special assessments under section 13.5 of this chapter.”
(C) The Unsafe Building Fund shall be spent pursuant to I.C. 36-7-9-14(c):
“(c) Money in the unsafe building fund may be used for the expenses incurred in carrying out the purposes of this chapter, including:
(1) the cost of obtaining reliable information about the identity and location of each person who owns a substantial property interest in unsafe premises;
(2) the cost of an examination of an unsafe building by a registered architect or registered engineer not employed by the department;
(3) the cost of surveys necessary to determine the location and dimensions of real property on which an unsafe building is located;
(4) the cost of giving notice of orders, notice of statements of rescission, notice of continued hearing, and notice of statements that public bids are to be let in the manner prescribed by section 25 of this chapter;
(5) the bid price of work by a contractor under section 10 or sections 17 through 22 of this chapter;
(6) the cost of emergency action under section 9 of this chapter; and
(7) the cost of notes or receivers’ certificates issued under section 20 of this chapter.”
(D) The fund balance of the Unsafe Building Fund does not revert to the General Fund at the end of the fiscal year.
(E) The Unsafe Building Fund is subject to the same appropriation process as the other funds that receive tax money and shall be spent when necessary with the approval of Common Council.
(F) Upon dissolution, the fund balance from the Unsafe Building Fund will be transferred to the Rainy Day Fund.
(Ord. 9-2022, passed 8-15-22)