(A) The Welfare Bequest Fund is hereby established for Warrick County, an unrestricted fund with the Warrick County Community Foundation, to be funded with the unclaimed deposits with People’s Bank and Trust of Boonville.
(B) The Fund shall be used to grant monies to benefit the general health, well-being and needs of county residents as deemed appropriate by the Warrick County Community Foundation.
(C) The President of the Board of Commissioners shall enter into a fund agreement with the Foundation for the establishment of the Fund.
(D) The County Treasurer and County Auditor are hereby authorized to take all steps necessary to transfer the monies and take any other necessary and reasonable steps to complete the intent and purposes of this section.
(BC Res. 2015-06, passed 3-9-16)