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Ordinance - Local Road & Bridge Fund


ORDINANCE NO. 2017-18


AN ORDINANCE ESTABLISHING THE TOWN OF WOLCOTT

LOCAL ROAD AND BRIDGE MATCHING GRANT FUND


WHEREAS, the Town of Wolcott, White County, Indiana Town Council hereto now wishes to establish the Local Road and Bridge Matching Grant Fund,


NOW, THEREFORE, BE IT HEREBY ORDAINED by the Town Council of the Town of Wolcott, White County, Indiana:


SECTION I

There is hereby established in the Town of Wolcott a fund for the deposit of any grant(s) awarded to the Town of Wolcott from the Indiana Department of Transportation pursuant to any Local Roads and Bridges Matching Grant Agreement (the "Grant Agreements") entered into between the Town of Wolcott and the Indiana Department of Transportation. Said fund shall be referred to as the "Local Road and Bridge Matching Grant Fund".


SECTION II


Monies deposited in the Local Road and Bridge Matching Grant Fund shall be expended with appropriations only for the purposes for which the grant was awarded under the Grant Agreements.


SECTION III


Any unexpended monies in said Local Road and Bridge Matching Grant Fund at the close of the Project (as described in the applicable Grant Agreement) that were received from the Indiana Department of Transportation shall be returned to the Indiana Department of Transportation in accordance with said Grant Agreement.


SECTION IV


The express or implied repeal or amendment by this Ordinance or any other Ordinance or part of any other Ordinance does not affect any rights or liabilities accrued, penalties incurred, or procedures begun prior to the effective date of this Ordinance. Those rights, liabilities, and proceedings are continued, and penalties shall be imposed and enforced under the repealed or amended Ordinance as if this Ordinance had not been adopted.


SECTION V

No part of this Ordinance shall be interpreted to conflict with any local, state or federal laws, and all reasonable efforts should be made to harmonize same. Should any section or part thereof of this Ordinance be declared by a court of competent jurisdiction to be invalid, such decision shall not affect the validity of the Ordinance as a whole, or any other portion thereof other than that portion so declared to be invalid, and for this purpose the provisions of this Ordinance are hereby declared to be severable.

SECTION VI


Passed and adopted by the Town Council of the Town of Wolcott, White County, Indiana this _______ day of ______________, 2017.



____________________________________

Michael A. Yelton, Council President


____________________________________

Fred A. Young, Council Vice President


____________________________________

Tina M. Orns, Council Member


Michael J. Johnson, Council Member


Stephen Schemerhorn, Council Member


Attest:




_________________________________

Tammy L. Seward, Clerk-Treasurer

















WAIVER OF SECOND READING


On motion duly made and seconded, the second reading of the foregoing Ordinance was unanimously waived and the Ordinance was deemed effective as of the date of passage.


THE TOWN COUNCIL OF THE TOWN OF WOLCOTT, INDIANA




____________________________________

Michael A. Yelton, Council President


____________________________________

Fred A. Young, Council Vice President


____________________________________

Tina M. Orns, Council Member


Michael J. Johnson, Council Member


Stephen Schemerhorn, Council Member


Attest:




_________________________________

Tammy L. Seward, Clerk-Treasurer




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