(A) The County Auditor shall establish a separate and dedicated non-reverting fund for the benefit of the County Stormwater Management Board, to be known as the “Stormwater Board Violation, Restoration, Abatement, and/or Penalty Fund”, to accept and hold deposits of violation and/or restoration abatement payments collected per § 54.16; for the acceptance of deposits for violation payments collected per § 54.19 for the summary abatement or restoration of a threat to public health, safety, and welfare that has been declared and deemed a nuisance; and for the acceptance of penalties collected per § 54.99.
(B) The Auditor shall hold such funds in one fund according to the Indiana State Board of Accounts requirements in such a manner that specific funds can be identified and traced to each separate enforcement, restoration, abatement, and/or penalty action.
(C) The Auditor shall disburse such funds when authorized by the County Stormwater Management Board by proper resolution moved, seconded, and receiving a majority affirmative vote. Such disbursement resolution shall also provide sufficient information so that the Auditor may ascertain to whom such disbursement is to be made.
(D) The Stormwater Board Violation, Restoration, Abatement, and/or Penalty Fund shall be perpetual until terminated by the terms of this section or by enactment of a subsequent ordinance or amendment. In the event the Stormwater Board Violation, Restoration, Abatement, and/or Penalty Fund is terminated for any reason, the disposition of the fund balance, if any, shall be determined by the Board.
(BC Ord. 2024-09, passed 7-8-24)