Indianapolis-Marion County Revised Code § 135-601 Created.
Sec. 135-601. - Created.
There is hereby created a special fund, for the use of the department of public works, to be designated the "district cooling system franchise fee fund," in the division of finance, in the office of the controller. This fund shall be a continuing, nonreverting fund, with all balances remaining therein at the end of each year, and no such balances shall lapse into the city or county general funds or ever be diverted, directly or indirectly, in any manner to any other uses than for the purposes of the construction, reconstruction, maintenance or management of department of public works related infrastructure within the public right-of-way, such infrastructure to include streets, sidewalks, curbs, bridges, shoulders, traffic-control devices or facilities, stormwater drainage facilities and conduit for fibre optics or related uses. The fund shall consist of franchise fees paid by the holder of the chilled water system franchise as described in section 866-5.
(Code 1975, § 2-359.3; G.O. 15, 2001, § 5)