(A) Established. There is hereby established a special fund known as Opioid Settlement Fund - Restricted.
(B) Contributions. Contributions to the fund shall be the restricted portion of opioid settlement funds received from the State of Indiana by the city as a participating political subdivision from a national settlement with Johnson & Johnson, AmerisourceBergen, Cardinal Health and McKesson.
(C) Use of funds. Expenditures may be made from the fund by appropriation by the City Council for any purpose approved by the City Council from the list attached to Ordinance 2022-15 as Exhibit E.
(D) Termination. This fund shall be a perpetual fund until terminated by future ordinance, and any funds remaining at time of termination shall be returned to the General Fund of the city.
(Ord. 2022-15, passed 12-5-22)