(A) The town hereby establishes the Local Option Income Tax Fund to be used for public safety in the town.
(B) The Clerk-Treasurer shall deposit any and all LOIT revenue received from the county into said Fund and shall use said Fund for public safety purposes only.
(C) This section shall be in full force and effect from and after its passage by the Town Council.
(Ord. 2012-1, passed 2-27-2012)