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There is hereby created the City of Noblesville Ticket Tax Fund. The fund shall be maintained by the Clerk Treasurer and all investment earnings in the fund shall be retained as part of the fund. The fund shall be used solely for the purpose of payment of part of the lease rental payments toward the Noblesville Redevelopment Authority Economic Development Lease Rental Bonds of 2003, dated July 29, 2003.
(Ord. 85-11-05, passed 11-29-05)