Indianapolis-Marion County Revised Code § 135-804 Multimodal Transportation Facilities Fund created.
Sec. 135-804. - Multimodal Transportation Facilities Fund created.
(a) There is hereby created a special fund, to be designated as the "Multimodal Transportation Facilities Fund" as a subfund of the consolidated county fund.
(b) The controller shall deposit in this fund all revenue received from operators of shared mobility systems under chapter 905 of the Code for payment of the daily operating fee required under section 131-501 of the Code. Other revenues may be deposited in this fund as deemed appropriate by the controller.
(c) This fund shall be a continuing, non-reverting fund, with all balances remaining therein at the end of each calendar year. No such balances shall lapse into any other fund or be diverted or appropriated for uses other than those stated in this section.
(d) The purpose of this fund is to provide revenue for payment of the costs and expenses related to the construction, improvement, operation, maintenance, repair and replacement of multimodal facilities. For purposes of this chapter, the term "multimodal facility" means a transportation facility providing physical accommodations for multiple modes of transportation serving some combination of bicycle, pedestrian, freight, automobile, transit, or shared mobility services, including all appurtenances thereto.
(e) Moneys from this fund shall be appropriated and expended in accordance with the procedures for expenditures of public funds.
(G.O. 70, 2018, § 1)