(A) The Quincy/Adams County Joint ETSB shall be funded as follows:
(1) Utilizing moneys received as provided by the Emergency Telephone System Act for both operational and capital expenses; and,
(2) Additional funding for the system shall be paid by the City of Quincy and County of Adams with City paying 60% of all costs and the County paying 40% of all costs.
(B) The Treasurer of the City of Quincy will be the custodian for the board of the Emergency Telephone System Fund. All funds shall be deposited into a separate interest-bearing Emergency Telephone System Fund account. All interest accruing on the fund shall remain in the fund. No expenditures may be made from such fund except upon the direction and authorization of the board by resolution passed by a majority of all members of the board. All funds shall be received, held, and expended only as permitted by the Emergency Telephone Systems Act or other applicable law.
(Ord. 9327, passed 2-5-2018)