(A) Fund established. An Unsafe Building Fund is hereby established for the purposes as set forth pursuant to IC 36-7-9 and as amended. The Unsafe Building Fund shall be a non-reverting fund.
(B) Unsafe Building Fund deposits. The following monies shall be deposited into the Unsafe Building Fund:
(1) Money received as payment for or settlement of obligations or judgments established under IC 36-7-9-9 through 36-7-9-13 and IC 36-7-9-17 through 36-7-9-22.
(2) Money received from bonds posted under IC 36-7-9-7.
(3) Money received in satisfaction of receivers' notes or certificates that were issued under IC 36-7-9-20 and were purchased with money from the Unsafe Building Fund.
(4) Money received for payment or settlement of civil penalties imposed under the provision of IC 36-7-9-7.
(5) Money received from the collection of special assessments under the provision of IC 36-7-9-13.5.
(6) Money that is set aside for such purposes in the city’s annual budget.
(C) Unsafe Building Fund expenditures. Monies in the Unsafe Building Fund may be used for the following expenses incurred in carrying out the provisions of the city code regulating dangerous buildings.
(1) The cost of obtaining reliable information about the identity and location of each person who owns a substantial property interest in unsafe premises.
(2) The cost of an examination of an unsafe building by a registered architect or registered engineer not employed by the city.
(3) The cost of surveys necessary to determine the location and dimensions of real property on which an unsafe building is located.
(4) The cost of giving notice of orders, notice of statements of rescission, notice of continued hearing, and notice of statements that public bids are to be let in the manner prescribed by IC 36-7-9-25.
(5) The bid price of work by a contractor under the provisions of IC 36-7-9-10 or IC 36-7-9-17 through 36-7-9-22.
(6) The cost of emergency action under the provisions of IC 36-7-9-9.
(7) The cost of notes or receiver certificates issued under the provision of IC 36-7-9-20.
(Ord. 31-l985, passed 6-3-85; Am. Ord. 4, 2017, passed 2-6-17)