(A) Source of funds. The fund (Fund 457) shall consist of city contributions in the amount of $71,000 as allocated from EDIT Funds and grant monies in the amount of $50,000 received by the city from the Indiana Department of Natural Resources/Division of Historic Preservation and Archaeology according to the grant award letter.
(B) Use of funds. All monies of the Police Station Restoration Grant #2 Fund will be used, without appropriation, solely to implement the “Project” and/or to provide the services in conformance with the “Grant Agreement” entered into by and between Indiana Department of Natural Resources/Division of Historic Preservation and Archaeology and the city.
(C) Non-reverting fund. Fund 457 is a non-reverting fund.
(Ord. 6-2021, passed 3-22-21)