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<br />I <br /> <br />~ <br /> <br />pursuant to any restrictions on funds received by both Federal and State statutes. <br /> <br /> <br />3. All monies collected under this Ordinance shall be transferred to the Clerk/Treasurer <br /> <br /> <br />who shall deposit said funds and disburse them to the Mooresville Police Department pursuant <br /> <br /> <br />to the proper appropriation and requirements of the State Board of Accounts and that at the end <br /> <br />of the year these funds shall not revert to any other funds but shall continue to be in the account <br /> <br />of the Mooresville Police Department Drug Fund for the restricted purposes set out above. <br /> <br />4, Establishment of Mooresville Police DeDartment Dru~ Fund Checkin~ Account. <br /> <br />a, The funds being held in the Mooresville Police Department Drug Fund <br /> <br />Checking Account must be appropriated and spent pursuant to Indiana law <br /> <br /> <br />and approved by the Town Council and shall be used to fund law <br /> <br /> <br />enforcement activities in enforcement of drug related crimes conducted by <br /> <br /> <br />the Mooresville Police Department in whole or part. The sole purpose <br /> <br />for these monies shall be the use by the Mooresville Police Department <br /> <br />for all phases of drug enforcement including equipment, training and <br /> <br />under cover activities. <br /> <br />b. The funds in the account, after appropriation, may be placed in a separate <br /> <br />interest bearing account of the Police Department known as the Forfeiture <br /> <br /> <br />Account which may be interest bearing to hold said funds until the <br /> <br /> <br />Mooresville Police Department needs to use them for the purposes <br /> <br /> <br />earmarked in this Ordinance and as appropriated. The Police Chief shall <br /> <br /> <br />be responsible for an accounting of all interest and verification of use of <br /> <br /> <br />monies pursuant to all appropriations and to provide this documentation <br /> <br />to the Clerk/Treasurer on a monthly basis, The interest shall be kept in <br />