(A) Fund established. A Zionsville Promotion of Business Fund ("Fund") is hereby established. The Zionsville Town Council is hereby authorized to budget and appropriate funds from the general fund or from other funds to pay the expenses incurred in promoting, marketing and for the economic development efforts of the town.
(B) Fund expenditures. Expenditures from this fund may be made by the appropriate department of the town with approval by the Mayor to include, but are not necessarily limited to the following:
(1) Expenses incurred in the promotion of economic or industrial development for the town.
(2) Commemorative plaques, certificates, ribbon cutting supplies or objects such as commemorative bricks.
(3) Promotional items bearing the town logo to be sold or given away in order to promote the Town of Zionsville.
(4) Other purposes which are deemed to directly relate to the promotion, marketing or economic development efforts of the Town of Zionsville.
(C) Individual expenses from fund. No individual expenses shall be allowed from this fund without following the standard claims approval process.
(D) Remitting taxes on promotional items. The town shall establish a process by which to remit sales tax to the State of Indiana for all promotional items sold for a profit.
(1996 Code, § 3-20) (Ord. 82-17, passed - -; Ord. 2017-03, passed 3-20-2017)