(A) There is created a Police Department Drug Fund. The Fund shall consist of deposits in the form of proceeds recovered by the Police Department, in part or as a whole, in forfeiture actions filed pursuant to I.C. 34-4-30.1 and 34-4-30.5, forfeiture actions which are adopted by federal agencies, liquidations of personal or real property obtained from criminal defendants in those actions, and voluntary surrenders of funds and assets from criminal defendants.
(B) The Police Department Drug Fund shall be appropriated for funding law enforcement activities conducted by the Police Department and reimbursement of expenses incurred in pursuing forfeiture and RICO actions.
(C) All moneys collected under this section shall be transferred to the city’s Clerk-Treasurer, who shall deposit the funds and disburse them as the Chief of Police directs, subject to the appropriation requirement of subsection (D) below. Moneys remaining in the Fund at the end of the year shall not revert to any other fund, but shall continue in the Police Department Drug Fund.
(D) Moneys from this Fund shall be subject to appropriation by the Common Council in accordance with law.
(E) Such funds, after appropriation by the Common Council, may be used to:
(1) Fund law enforcement activities in enforcement of drug-related crimes conducted by the Police Department, in whole or part; and
(2) Purchase drugs, controlled substances, stolen property, the lease and purchase of equipment, training and to pay confidential informants.
(F) The Police Chief is authorized to place funds appropriated from the drug fund in a NOW account or similar account that may bear interest; the Police Chief shall account to the city’s Clerk-Treasurer for all interest earned on that account; the interest earned shall be kept and retained in that checking account and used for the purposes set forth for the principal sums. In establishing the checking account, the signatures of the Chief of Police or his or her Assistant Chief and one of the police detectives using the funds must both be given in order to withdraw funds from the checking account.
(Ord. 96-1369, passed 1-16-1996)