(A) The Board of Commissioners hereby establishes a non-reverting operating fund to be named the Warrick County Highway Donation Fund. Monetary donations made payable to the “Warrick County Highway Donation Fund” shall be deposited into said fund and the application of funds donated to the Highway Donation Fund shall be according to the discretion of the Board of Commissioners.
(B) The Highway Donation Fund shall be perpetual until terminated by enactment of a subsequent ordinance or amendment. In the event the Highway Donation Fund is terminated for any reason, the disposition of the fund balance, if any, shall be determined in the discretion of the Board of Commissioners.
(BC Ord. 2018-05, passed 2-12-18; Am. BC Ord. 2018-14, passed 6-11-18)