(A) There is hereby created in the office of the County Auditor a separate fund to be known as the Tippecanoe County Phase II Stormwater Fund.
(B) All monies received for the purpose of implementation of the Phase II to the County Surveyor's office shall be deposited into such fund.
(C) Monies may be expended from such fund by the County Surveyor's office for the purpose of implementation of Phase II.
(D) Interest on such fund shall be deposited to the County Phase II Stormwater Fund.
(Res. 2005-19-CM, passed 6-6-05)