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Lowell, IN Code of Ordinances
LOWELL, INDIANA CODE OF ORDINANCES
ADOPTING ORDINANCE
TITLE I: GENERAL PROVISIONS
TITLE III: ADMINISTRATION
TITLE V: PUBLIC WORKS
TITLE VII: TRAFFIC CODE
TITLE IX: GENERAL REGULATIONS
TITLE XI: BUSINESS REGULATIONS
TITLE XIII: GENERAL OFFENSES
TITLE XV: LAND USAGE
TABLES OF SPECIAL ORDINANCES
PARALLEL REFERENCES
§ 36.301 LOIT SPECIAL DISTRIBUTION FUND.
   (A)   Establishment. A LOIT Special Distribution Fund is hereby established for the purpose of receiving funds.
   (B)   Deposit of funds. The Clerk-Treasurer shall deposit all money received from the Lake County Treasurer into the LOIT Special Distribution Fund.
   (C)   Use of funds. Per I.C. 6-3.6-9-17(h)(1)(A), 75% of the use of the money deposited in the LOIT Special Distribution Fund shall be used for infrastructure and the unrestricted portion may be transferred into the General Fund or into a Rainy Day Fund if properly designated as a source.
(Ord. 2016-12, passed 5-26-16)

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