(A) Law Enforcement Continuing Education and Equipment Fund.
(1) A fund is established entitled the City Law Enforcement Continuing Education and Equipment Fund.
(2) The fund shall receive and deposit all fees to be collected for finger printing required for immigration forms, contributions and money from other sources of income, with the necessary funds to be appropriated for the purchase of necessary supplies, equipment, uniforms, schooling and the like as submitted by claim.
(3) A fee in the sum of $10 shall be charged and collected for finger-printing required for immigration forms. The fees collected shall be deposited in the City Law Enforcement Continuing Education and Equipment Fund.
(4) The Police Chief will approve and submit all claims for payments and Council authorizes the Clerk-Treasurer to make payments from the aforementioned fund and shall make a record of all the disbursements and receipts.
(1998 Code, § 2-165)
(B) City Fire Department Gift Fund.
(1) There is established a special fund to be known as the "City Fire Department Gift Fund".
(2) At the end of each fiscal year, this fund shall not revert to any other fund, but all monies held therein shall be carried forward from one year to another.
(3) This fund shall be funded from monies donated to the City Fire Department.
(4) The funds accumulated in the City Fire Department Gift Fund shall be used as follows:
(a) To provide the City Fire Department with necessary equipment;
(b) To repair equipment used by the City Fire Department; and
(c) For any other firefighting purpose.
(5) This section shall be liberally construed to allow the city to use the accumulated funds as the city deems fit for the benefit of the City Fire Department and the firefighting needs of the city. If money is donated to the City Fire Department and the donation is given for a specific purpose or need, the city shall honor the purpose for which the donation was made to the extent practical and reasonable.
(6) Expenditures may be made from the fund upon recommendation by the City Board of Public Works and Safety and approval by the City Common Council.
(1998 Code, § 2-166)
(C) Industrial Loan Payback Fund.
(1) There is established a special non-reverting perpetual fund which shall be known as the Industrial Loan Payback Fund.
(2) The Industrial Loan Payback Fund shall be funded from monies received by the city from the repayment of loans made by the city to businesses and industries where the source of the funds loaned by the city was a grant to the city from or administered by the State Department of Commerce.
(3) Disbursements from the Industrial Loan Payback Fund shall be made by claims approved by the City Common Council.
(4) Monies within the Industrial Loan Payback Fund may be used for the following purposes:
(a) Infrastructure improvements within the City Industrial Park;
(b) Infrastructure improvements outside of the City Industrial Park if the improvement, or portion thereof, is found by the City Common Council to be necessary as a result of activities within the City Industrial Park;
(c) Infrastructure improvements outside of the City Industrial Park if the improvement is found to be necessary by the City Common Council in order to secure or retain an industry or business located outside of the City Industrial Park; or
(d) Any other economic development, infrastructure or capital improvement project approved by the City Common Council.
(5) For purposes of this ordinance, the City Industrial Park shall be considered to be the same as City Tax Incremental Financing (TIF) District No. 2.
(1998 Code, § 2-167)
(D) Cumulative Capital Development Fund.
(1) There is reestablished the City Cumulative Capital Development Fund.
(2) An ad valorem property tax levy shall be imposed and the revenues from the levy shall be retained in the City Cumulative Capital Development Fund.
(3) The maximum rate of levy under division (D)(2) above shall not exceed$0.0500 per $100 of assessed valuation, and unless reduced or rescinded the rate of levy under division (D)(2) above shall be $0.0500 per $100 of assessed valuation.
(4) The City Cumulative Capital Development Fund is reestablished for the years 1994 payable 1995, 1995 payable 1996, and 1996 payable 1997.
(5) The funds accumulated in the City Cumulative Capital Development Fund shall be used for general improvements to the city of the nature and type as permitted by I.C. 36-9-15.5-2 and 36-9-16-3.
(6) Notwithstanding division (D)(2) above, funds accumulated in the City Cumulative Capital Development Fund may be spent for purposes other than the purposes stated in division (D)(2) above if the purpose is to protect the public health, welfare or safety in an emergency situation which demands immediate action. Money may be spent under the authority of this division (D) only after the Mayor issues a declaration that the public health, welfare or safety is in immediate danger that requires the expenditure of money in the fund.
(7) This division (D) shall take effect upon approval by the State Board of Tax Commissioners.
(8) In the event any provisions of this division (D) conflict with any present or future statutes or regulations of the state or the United States, that provision so in conflict shall yield to the federal or state statute or regulation.
(1998 Code, § 2-168)
(E) City Cumulative Building and Equipment Fund.
(1) There is established the City Cumulative Building and Equipment Fund as authorized by I.C. 36-8-14-1 et seq.
(2) An ad valorem property tax levy of $0.05 on each $100 of assessed valuation on all taxable property within the city shall be imposed and the revenues from the levy shall be retained in the City Cumulative Building and Equipment Fund which also may be known as the "Building or Remodeling, Firefighting and Police Radio Equipment Fund". The property tax levied herein shall be levied in 1994, payable in 1995, and annually thereafter unless reduced, rescinded or modified.
(3) The funds accumulated in the City Cumulative Building and Equipment Fund shall be used for those purposes specified in I.C. 36-8-14-1 et seq.
(4) This section shall take effect upon approval by the State Board of Tax Commissioners.
(5) In the event any provisions of this division (E) conflict with any present or future statutes or regulations of the state or the United States, that provision so in conflict shall yield to the federal or state statute or regulation.
(1998 Code, § 2-169)
(F) Sewage Works Revenue Fund. All revenues derived from the operation of the sewage works and from the collection of sewer rates and charges shall be deposited in the Revenue Fund, created, and segregated and deposited as set forth in this division (F). Of these revenues, the proper and reasonable expenses of operation, repair and maintenance of the works shall be paid, the principal and interest of all bonds and fiscal agency charges of registrars or paying agents shall be paid, the reserve for bonds shall be maintained, and the costs of replacements, extensions, additions and improvements shall be paid.
(1998 Code, § 2-170)
(G) Allocation Fund. Immediately upon distribution by the County Auditor, tax increment and, immediately upon receipt, investment earnings thereon, shall be set aside by the Clerk-Treasurer in the Allocation Fund created by I.C. 36-7-14 and maintained as an account separate and apart from all other accounts of the city and the Redevelopment Commission. All monies deposited in the Allocation Fund shall be invested in accordance with I.C. 5-13-5 as amended from time to time. Tax increment deposited in the Allocation Fund, and the earnings thereon, shall be used as provided in division (J) below.
(1998 Code, § 2-171)
(H) Operation and Maintenance Fund. Monies heretofore accumulated pursuant to the ordinance authorizing the refunded bonds in an amount equal to the expenses of operation, repair and maintenance of the sewage works for a two-month period, as calculated by the Clerk-Treasurer with the advice of the city's financial advisor, shall be credited to and become a part of the Operation and Maintenance Fund created as of the date of the advance refunding of the refunded bonds. On the last day of each calendar month, revenues of the sewage works shall thereafter be transferred from the Revenue Fund to the Operation and Maintenance Fund so that the balance maintained in this Fund shall be sufficient to pay the expenses of operation, repair and maintenance for the then next succeeding two calendar months. The monies credited to this Fund shall be used for the payment of the reasonable and proper operation, repair and maintenance expenses of the sewage works on a day-to-day basis. Any monies in the Fund may be transferred to the Sewage Works Sinking Fund if necessary to prevent a default in the payment of principal of or interest on the outstanding bonds of the sewage works.
(1998 Code, § 2-172)
(I) Sewage Works Sinking Fund. There is created a sinking fund for the payment of the principal of and interest on revenue bonds which by their terms are payable from tax increment and the net revenues of the sewage works and the payment of any fiscal agency charges in connection with the payment of bonds, which fund shall be designated the "Sewage Works Sinking Fund" (herein, "Sewage Works Sinking Fund" or "Sinking Fund"). There shall be set aside and deposited in the Sinking Fund, as available, and as hereinafter provided, a sufficient amount of Tax Increment and, to the extent tax increment is not sufficient, the net revenues of the sewage works to meet the requirements of the Bond and Interest Account and Reserve Account created in the Sinking Fund. The payments shall continue until the balances in the Bond and Interest Account and the Reserve Account, equal the amount needed to redeem all of the then outstanding bonds of the sewage works.
(1998 Code, § 2-173)
(J) Bond and Interest Account.
(1) Any monies heretofore accumulated to pay principal and interest on the refunded bonds shall be credited to and become a part of the Trust Account under the escrow agreement and used for the first payments made from the Trust Account.
(2) On each June 30 and December 31 following the date of issuance of the refunding bonds, there shall be transferred from the Allocation Fund and credited to the Bond and Interest Account all tax increment, up to an amount which will be sufficient to pay the principal and interest on the refunding bonds due and payable within the next 13 calendar months and any bank fiscal agency charges as they become payable.
(3) Beginning as of the date of issuance of the refunding bonds, there shall be credited on the last day of each calendar month from the Revenue Fund to the Bond and Interest Account an amount of the net revenues equal to at least one-sixth of the principal of and at least one-sixth of the interest on all then outstanding bonds payable during the next succeeding six-month period minus the amount of tax increment on deposit in the Bond and Interest Account, until the amount of interest and principal payable on the then next succeeding interest and principal payment date shall have been so credited. There shall similarly be credited to the account any amount necessary to pay the bank fiscal agency charges for paying interest on outstanding bonds as the same become payable. The city shall, from the sums deposited in the Sinking Fund and credited to the Bond and Interest Account, remit promptly to the registered owner or to the bank fiscal agency sufficient monies to pay the interest and principal on the due dates thereof together with the amount of bank fiscal agency charges.
(1998 Code, § 2-174)
(K) Reserve Account.
(1) On the date of delivery of the refunding bonds, funds on hand of the sewage works, Refunding Bond proceeds or a combination thereof shall be deposited into the Reserve Account. The deposit into the Reserve Account shall equal but not exceed the least of:
(a) Maximum annual debt service on the refunding bonds;
(b) One hundred twenty-five percent of average annual debt service on the refunding bonds; or
(c) Ten percent of the proceeds of the refunding bonds (the "reserve requirement").
(2) The balance in the Reserve Account shall be maintained to equal the reserve requirement.
(3) The Reserve Account shall constitute the margin for safety and protection against default in the payment of principal of and interest on the refunding bonds, and the monies in the Reserve Account shall be used to pay current principal and interest on the refunding bonds to the extent that monies in the Bond and Interest Account are insufficient for that purpose. Any deficiency in the balance maintained in the Reserve Account shall be made up from the next available tax increment or net revenues remaining after credits into the Bond and Interest Account. If monies in the Reserve Account are transferred to the Bond and Interest Account to pay principal of and interest on outstanding refunding bonds, then the depletion of the balance in the Reserve Account shall be made up from the next available tax increment or net revenues after the credits into the Bond and Interest Account. Any monies (except monies attributable to tax increment or investment earnings on tax increment which shall be transferred to the Bond and Interest Account) in the Reserve Account in excess of the reserve requirement shall either be transferred to the Sewage Works Improvement Fund or be used for the purchase of outstanding bonds including accrued interest.
(1998 Code, § 2-175)
(L) Sewage Works Improvement Fund.
(1) After meeting the requirements of the Operation and Maintenance Fund and the Sinking Fund, any excess net revenues may be transferred or credited from the Revenue Fund to a fund designated the "Sewage Works Improvement Fund", and the fund shall be used for improvements, replacements, additions and extensions of the sewage works or for any other lawful purpose. As of the date of the delivery of the refunding bonds, any other available and unrestricted moneys of the sewage works not otherwise deposited pursuant to the terms of this division (L) shall be transferred to the Improvement Fund. Monies in the Sewage Works Improvement Fund shall be transferred to the Sewage Works Sinking Fund if necessary to prevent a default in the payment of principal and interest on the then outstanding bonds or, if necessary, to eliminate any deficiencies in credits to or minimum balance in the Reserve Account of the Sewage Works Sinking Fund or may be transferred to the Operation and Maintenance Fund to meet unforeseen contingencies in the operation, repair and maintenance of the sewage works.
(2) After meeting the requirements of the Bond and Interest Account and the Reserve Account, any remaining tax increment shall be held in the Allocation Fund by the Clerk-Treasurer and used for any purposes permitted by I.C. 36-7-14 or 36-7-25.
(1998 Code, § 2-176)
(M) Special Non-Reverting Capital and Operating Funds for the Park and Recreation Department.
(1) There is established a special non-reverting capital fund created for the purpose of acquiring land or making improvements for parks and recreation purposes from which expenditures may be made by appropriation by the Council.
(2) The non-reverting capital fund shall be funded from monies and fees procured from the operation of the City Sports and Recreation Center (the "Center") to the extent that the monies and fees annually exceed the annual budgeted expenses of the Center.
(3) Disbursements shall be made from the special non-reverting capital fund on approved claims allowed and signed by the President and Secretary of the Board.
(4) There is also established a special non-reverting operation fund created from monies and fees procured from park and recreation activities other than the regular day to day monies and fees generated by the Center.
(5) That portion of the annual monies and fees (membership fees, rentals and daily non-member fees) from the Center not exceeding the annual budgeted expenses of the Center shall be deposited by the Clerk-Treasurer in the general park fund. All other monies and fees from concessions and any other recreational activities procured from the Center or otherwise shall be deposited by the Clerk-Treasurer in the special non-reverting operating fund.
(6) The Board may from time to time direct the transfer of funds from the special non-reverting operating fund to the non-reverting capital fund.
(7) Expenditures may be made from the special non-reverting operating fund by the Board upon approved claims allowed and signed by the President and the Secretary of the Board.
(1998 Code, § 2-177)
(N) Firemen's Pension Fund.
(1) The city elects to establish a Firemen's Pension Fund and a Board of Trustees of the Firemen's Pension Fund all as provided by Chapter 31 of the Acts of the General Assembly of Indiana of 1937 and all acts supplemental thereto and amendatory thereof.
(2) The Board of Trustees of the Firemen's Pension Fund shall consists of three members, namely, the Chief of the Fire Department, the Mayor, and one member of the fire force elected therefrom at a meeting to be held on the second Monday of February of each year all as provided by the above-mentioned Act.
(3) The Board of Trustees of the Firemen's Pension Fund shall have all the powers and exercise all the duties as set out and provided in the Act.
(4) The membership of the fire force shall consist of members of the fire companies, telephone and signal service, inspectors, mechanics, [warn] service, all such persons as are by the terms of the Act deemed to be members of the fire force, and shall include any drivers consistently working 40 hours or more per week, and the membership shall not include volunteer firemen.
(5) The election of the members of the Board of Trustees of the Firemen's Pension Fund shall in all things be conducted as provided by the Act.
(6) The Chief of the Fire Force shall be president of the Board of Trustees of the Firemen's Pension Fund and such Board shall elect a secretary and shall carry out the duties all as provided as set out in the Act.
(7) The Firemen's Pension Fund of the city shall consist of all the funds therefor as provided in the Act and specifically in § 8 of the Act.
(8) The Firemen's Pension Fund of the city shall be to and for the benefit of the fund exclusively for the payment of retired members and for death benefits and otherwise all as provided in the Act and the record of the funds and the investment thereof shall be all in accordance with the provisions of the Act.
(9) Payments from the funds shall be made all as directed and provided in the Act.
(10) It shall be the duty of the Board of Trustees of the Firemen's Pension Fund to meet annually and prepare an itemized estimate as prescribed by the State Board of Accounts and in all respects to conduct the business and affairs as provided by the Act.
(11) The qualifications for becoming a member of the fire force of the city shall be in all respects as provided and required by the Act.
(12) The Firemen's Pension Fund shall consist of all sums as provided in the Act and shall be public fund and payment therefrom shall be made in all respects as provided by the Act and fund payment shall not be subject to attachment and the City Treasurer, or County Treasurer acting as City Treasurer, shall be made the custodian of all money belonging to the pension fund and all funds belonging thereto shall be paid over to the Treasurer.
(1998 Code, § 2-178)
(O) Policemen's Pension Fund.
(1) The city elects to establish a Police Pension Fund and a Board of Trustees of the Police Pension Fund all as provided by I.C. 36-8-6-1 et seq., all acts supplemental thereto and amendatory thereof.
(2) The Board of Trustees of the Police Pension Fund shall consist of three members, namely, the Mayor, the City Clerk-Treasurer and Chief of Police.
(3) The Board of Trustees of the Police Pension Fund shall have all the powers and exercise all the duties as set out and provided in the Act.
(4) The membership of the Police Force shall consist of members of the police force that are on active duty and retired members. Membership shall not include part-time police officers.
(5) The election of the members of the Board of Trustees of the Police Pension Fund shall in all things be conducted as provided by the Act.
(6) The Mayor of the city shall be President of the Board of Trustees of the Police Pension Fund and such Board shall elect a Secretary and shall carry out the duties all as provided as set out in the Act.
(7) The Police Pension Fund of the city shall consist of all the funds therefor as provided in the Act and specifically in § 2 of the Act.
(8) The Police Pension Fund of the city shall be to and for the benefit of the fund exclusively for the payment of retired members and for death benefits and otherwise all as provided in the Act and the record of the funds and the investment thereof shall be all in accordance with the provisions of the Act.
(9) Payments from the funds shall be made all as directed and provided in the Act.
(10) It shall be the duty of the Board of Trustees of the Police Pension Fund to meet annually and prepare an itemized estimate as prescribed by the State Board of Accounts and in all respects to conduct their business and affairs as provided by the Act.
(11) The qualifications for becoming a member of the Police Force of the city shall be in all respects as provided and required by the Act.
(12) The Police Pension Fund shall consist of all sums as provided in the Act and shall be a public fund and payment therefrom shall be made in all respects as provided by the Act and fund payment shall not be subject to attachment and the City Clerk-Treasurer or County Treasurer acting as City Clerk-Treasurer, shall be made the custodian of all money belonging to the Pension Fund and all funds belonging thereto shall be paid over to the Treasurer.
(13) In all other respects the organization, administration, payment, receipt of all money, handling of all business, shall in all respects be governed and controlled by the Act and all Acts amendatory thereof and supplemental thereto.
(1998 Code, § 2-179)
(P) General Improvement Fund.
(1) There is created a fund to be known as the General Improvement Fund pursuant to Acts 1953, Ch. 40, as amended, of the State General Assembly.
(2) The fund shall be used to pay for the construction, repair or improvement of streets, alleys, sidewalks, curbs, gutters and sewers.
(3) The fund shall consist of monies realized from the collection of special assessments for the benefits to property, for the aforesaid construction, repair or improvement, together with any appropriations made from the General Fund of the city or from taxes levied by the Common Council of the city for those purposes.
(1998 Code, § 2-180)
(Q) Local Road and Street Fund (LRS). The Local Road and Street Fund (LRS) is established for the purpose of receiving applicable state funds and for expenditures permitted by statute.
(1998 Code, § 2-182)
(R) Motor Vehicle Highway Fund (MVH). This fund shall receive state funds and be used for expenditures authorized by I.C. 8-14-1-1 et seq.
(1998 Code, § 2-183)
(S) Cumulative Capital Improvement Fund.
(1) There is established a Cumulative Capital Improvement Fund to provide monies for any or all purposes prescribed pursuant to I.C. 36-9-16-6, as amended, of the State General Assembly.
(2) For the purpose of this division (S), the following definitions shall apply unless the context clearly indicates or requires a different meaning.
BUILDING, FACILITIES, IMPROVEMENTS. Include the site therefor, the equipment thereof, heating and air-conditioning facilities, sewage disposal facilities, landscaping, walks, drives, parking facilities, and/or other structures, facilities, appurtenances, materials and supplies which may be deemed necessary to render the building, facility, improvement or any other property owned by the city suitable for the use and occupancy for the purposes which constructed.
CAPITAL IMPROVEMENT. Any building or buildings, facilities or improvements, which will be of general public benefit or welfare and will promote the cultural, recreational, public or civic well-being of the community; it shall not include salaries of any public office or employees except those which are directly chargeable to a capital improvement.
(3) Taxes shall be levied to provide funds for the Cumulative Fund pursuant to §§ 3 and 4 of aforesaid Acts 1967.
(1998 Code, § 2-184)
(T) Funds identified by fund number and title.
(1) The following funds are continued in full force and effect:
Fund | Title |
Fund | Title |
101 | General Fund |
021 | MVH |
202 | Local Rd and Street |
204 | Park/Rec |
205 | Spts/Rec |
211 | Pk N-Rev Oper |
217 | Rex Hagen Family Foun |
231 | Downtown Re-Development |
233 | Law Enforce Cont Ed |
258 | Local Road and Bridge Matching |
270 | |
316 | Ind Loan Payback |
331 | Grant -95 CM-WC-0093 |
332 | |
401 | Cum Cap Improvement |
402 | Cum Capital Devel Fund |
403 | Parks Non-Rev Capital |
426 | Cumulative Fire Fund |
443 | Gen/Imp Revolving |
445 | City Gift |
446 | Park Gift |
447 | Fire Gift |
471 | Land Purchase |
472 | City Police K-9 |
473 | City Block Grant 89-012 |
474 | Jen/Thomp |
475 | Lig. Marshmallow Festival |
475 | Strawberry Valley Trails |
476 | Petty Cash |
477 | Parks and Sports Change |
505 | Indiana Employment |
601 | Waterworks Cash |
602 | Waterworks Sink Bond and Int |
603 | Waterworks Dep and Const |
604 | Water Meter Fund |
605 | Waterworks Imp and Op. Maim |
606 | Sewage Operational |
607 | Sewage Bond and Int. Sinking |
608 | Sewage Depreciation |
609 | Sewage Construction |
610 | Sewage Sinking Debt Serv |
701 | Payroll Fund |
702 | Fireman Pension Fund |
703 | Police Pension Fund |
(2) Police grant co 3200 2137 grant pr 86051.
(U) River Boat Gambling Money Fund. The Common Council of the city establishes Fund No. 243, the River Boat Gambling Money Fund.
(V) Rainy Day Fund.
(1) Creation of Rainy Day Fund. There is hereby established a "Rainy Day Fund" to receive transfers of unused and unencumbered funds raised by general or special tax levies on taxable property within the city whenever it is determined that the purpose of the tax levy has been fulfilled and an unused and unencumbered balance remains.
(2) Purposes of the fund. The funds on deposit in the Rainy Day Fund may be used for the operation of the city and its various departments when the city does not have sufficient levies or funds to pay costs, including, but not limited to, salaries and wages, costs of services, supplies, equipment, capital improvements, repairs and similar expenditures.
(3) Sources of funding. The sources of funding for the Rainy Day Fund shall include any source not otherwise prohibited by law including, but not limited to, those sources specified in I.C. 36-1-8-5.1(b)(2).
(4) Transfer to fund. On or before December 31 of each year, the Common Council shall determine the amount, if any, of unused and unencumbered funds available to be transferred to the Rainy Day Fund, which transfer may not exceed more than 10% of the city's total budget for that fiscal year.
(5) Appropriations. The Common Council of the city may authorize the expenditure of funds from the Rainy Day Fund by appropriations made in the same manner as other funds are appropriated that receive tax monies, upon making a finding that the proposed use of the funds is consistent with the intent of the fund.
(W) Ligonier Forfeiture Fund. A new budget account is hereby created which shall be known as the Ligonier Forfeiture Fund, and which the fund and revenue received from the proceeds of the property seizures shall be held and utilized to fund the needs of the Police Department.
(X) Police Equipment Fund.
(1) There is hereby established a non-reverting fund named the Police Equipment Fund.
(2) The fund should receive monies from the Ordinance Violations bureau, as determined by ordinance.
(3) The fund should be non-reverting, and should be perpetual until terminated by the terms of a future ordinance.
(4) Any future ordinance terminating the fund should provide guidance as to the disposition of the fund balance.
(Y) Reimbursement Grant Fund.
(1) It is hereby established a non-reverting fund named the Ligonier Reimbursement Grant Fund.
(2) The fund should receive money from the state or federal government in reimbursement of expenses paid through "reimbursement" grants and short term loans to cover initial expenditures therefor.
(3) The duration of the fund should be indefinite until terminated by the terms of an ordinance.
(4) Since the fund will contain only reimbursements for previously made expenditures it is anticipated that there would be no fund balance on the termination of the fund.
(Z) Proceeds of monies received by Ordinance Violations Bureau.
(1) Twenty-five percent of all fines collected by the Ordinance Violations Bureau should be paid to the Police Equipment Fund.
(2) Seventy-five percent of all fines collected by the Ordinance Violations Bureau should be paid to the General Fund.
(AA) Guardian Economic Development Area Revenue Fund.
(1) There is established the Guardian Economic Development Area Revenue Fund.
(2) Tax increment financing revenue received from the Guardian Economic Development Area shall be deposited into the Fund.
(3) Monies shall be transferred from the Fund to the Sewage Debt Fund for purposes of paying any outstanding bonds relating to the Guardian Economic Development Area.
(BB) Local Road and Bridge Matching Grant Fund.
(1) There is hereby established a Local Road and Bridge Matching Grant Fund for money received from the state through the Community Crossing Grant and for the city’s matching portion as required by the grant.
(2) Appropriations from the Local Road and Bridge Matching Grant Fund shall be made only for the purpose of expenditures authorized or provided for by the guidelines established and approved by the Community Crossings Grant program and must be approved by the Department of Local Government Finance.
(CC) Strawberry Valley Trails Fund.
(1) There is established a city Strawberry Valley Trails Fund #475.
(2) The funds contained in the Strawberry Valley Trails Fund shall be received and deposited therein from all lawful sources in accordance with applicable law.
(3) The funds in the Strawberry Valley Trails Fund shall only be used for the development, operation, and maintenance of the Strawberry Valley Trails.
(DD) Stormwater Grant Fund.
(1) There is hereby established Fund No. 636, Stormwater Grant Fund for money received from the state through the Indiana Office of Community and Rural Affairs/Stormwater Improvement Program and for the city's matching portion as required by the grant.
(2) Appropriations from the Stormwater Grant Fund shall be made only for the purpose of expenditures authorized or provided for by the guidelines established and approved by the Stormwater Improvement Program and must be approved by the Department of Local Government Finance.
(EE) COVID/CARES Provider Relief Fund. There is hereby established Fund 150 titled COVID/CARES Provider Relief Fund.
(FF) Local American Rescue Plan Act (ARPA) of 2021 Coronavirus Local Fiscal Recovery Fund.
(1) Fund No. 176 is hereby created, which shall be a special, non-reverting fund designated to receive allocations to the City of Ligonier, Indiana from the ARPA.
(2) Any monies deposited into said Fund may only be utilized for costs incurred by the city for the following purposes by December 31, 2024:
(a) To respond to the public health emergency with respect to the Coronavirus Disease 2019 (Covid-19) or its negative economic impacts, including assistance to households, small businesses, and nonprofits, or aid impacted industries such as tourism, travel, and hospitality;
(b) To respond to workers performing essential work during the Covid-19 public health emergency by providing premium pay to eligible workers of the city, that are performing such essential work, or by providing grant to eligible employers that have eligible workers or who perform essential work;
(c) For the provision of government services to the extent of the reduction in revenue of the city, due to the Covid-19 public health emergency relative to revenues collected in the most recent full fiscal year of the city, prior to the health emergency; and/or
(d) To make necessary investments in water, sewer, or broadband infrastructure.
(3) The Common Council shall adopt a plan which provides details for the use of funds.
(4) This division may be amended from time to time if additional guidance is received from any federal or state agency.
(GG) Unclaimed Property Fund.
(1) There is established a City of Ligonier Unclaimed Property Fund #2510.
(2) The funds contained in the Unclaimed Property Fund shall be received and deposited therein from such funds as may come into the possession of the Police Department and whose ownership is then unknown or from funds which are held as evidence.
(3) The funds in the Unclaimed Property Fund shall only be disbursed upon a determination by the Chief of Police, or his or her designee, that sufficient evidence has been presented to allow a reasonable determination of ownership and then disbursed to the owner of such funds or in the case of funds held as evidence, as directed by appropriate authorities.
(HH) Wastewater Grant Fund (Fund No. 2410).
(1) There is hereby established Fund No. 2410, Wastewater Grant Fund for money received from the state through the Indiana Office of Community and Rural Affairs/Wastewater Improvement Program and for the city’s matching portion as required by the grant.
(2) Appropriations from the Wastewater Grant Fund shall be made only for the purpose of expenditures authorized or provided for by the guidelines established and approved by the Wastewater Improvement Program.
(1998 Code, § 2-185) (Ord. 169, passed 2-22-1971; Ord. 562, passed 4-22-1996; Res. passed 10-27-2003; Ord. 716, passed 8-14-2006; Ord. 747-2009, passed 1- -2009; Ord. 748-2009, passed 2- -2009; Ord. 749-2009, passed 2-9-2009; Ord. 753, passed 5-11-2009; Ord. 809-2012, passed 4-26-2012; Ord. 917-2018, passed 4-9-2018; Ord. 921-2018, passed 7-23-2018; Ord. 939-2020, passed 5-11-2020; Ord. 950-2020, passed 10-12-2020; Ord. 960-2021, passed 4-26-2021; Ord. 962-2021, passed 6-28-2021; Ord. 977-2022, passed 9-12-2022; Ord. 987-2023, passed 3-27-2023; Ord. 989-2023, passed 5-22-2023)
Statutory reference:
Special non-reverting operating funds, see I.C. 36-10-3-20 and 36-10-3-22