(A) The Town Council hereby authorizes the repurposing and renaming of the 911 Emergency Dispatch Fund to the County Communications Center Fund.
(B) Any funds currently in the 911 Emergency Dispatch Fund will revert to the County Communications Center Fund.
(C) The funds in the County Communications Center Fund shall be expended only for the purpose of paying the costs of County Communications Center.
(D) The County Communications Center Fund will remain in effect until such time as the governing body of the County Communications Center and the Town Council agree to liquidate and dissolve the fund.
(E) The town shall keep proper books of record and account, in which complete entries shall be made showing all monies received and deposited in said Fund, all disbursements made therefrom and all other financial transactions relating to said fund, including the cash balance in the Fund as of the close of the preceding fiscal year.
(F) All actions taken by the Town Council with respect to the settlement proceeds and the County Communications Center Fund prior to the date hereof are hereby ratified and approved.
(Ord. 01-2007, passed 2-12-2007)