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(A) An account is established for the deposit of monies for the County Tax Fund. The monies will come from the county with the city's bi-annual tax draw.
(B) The account shall be named the County Tax Fund and all monies contained in said account shall be expended only for the limited and exclusive uses as listed by the Mayor as the list was provided to the County Auditor.
(C) The express and written approval of the Board of Public Works and Safety of the city shall be obtained prior to the expenditure of funds from the account.
(D) The account shall be nonreverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council.
(E) If the account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Common Council.
(Ord. 2005-21, passed 12-6-05)