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HomeMy WebLinkAboutD-1042 Est Emerg Amb Cap Fund~ORDINANCE D-1042 AN ORDINANCE ESTABLISHING A SPECIAL NON-REVERTING CAPITAL FUND FOR CAPITAL IMPROVEMENTS CONNECTED WITH EMERGENCY AMBULANCE AND FIRE SERVICE FUND 102 WHEREAS, in 1980, the City of Carmel and Clay Township petitioned the Board of Hospital Trustees of Riverview Hospital, the Hamilton County Council and the Hamilton County Commissioners to establish and approve a county-wide tax levy for the purpose of funding an advanced life support system in Clay Township as well as other townships within Hamilton County, Indiana; and WHEREAS, said tax levy was established and Riverview Hospital has been administering paramedic services for Clay Township from 1981 forward, with equipment and capital improvements supplied by both the City of Carmel and Clay Township; and WHEREAS, as a result of Riverview's administration of this program, the City has received directly surplus revenues generated by Riverview Hospital based upon paramedic services administered by Riverview in the Township; and WHEREAS, based upon consultation and agreement between the Township and the City, the City desires to establish a non- reverting capital fund to maintain excess revenues received from Riverview for the purpose of acquiring and/or replacing capital improvements and equipment necessary to maintain emergency ambulance and fire service. NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel that the City establish a special non-reverting capital fund for the purpose of maintaining revenues received from ORDINANCE D-1042 PAGE 2 Riverview for the purpose of acquiring and/or replacing capital improvements and equipment necessary to maintain emergency ambulance and fire service hereinafter referred to as the "Emergency Ambulance and Fire Service Capital Fund" (hereinafter the "Capital Fund"), to be administered and maintained by the City of Carmel as set forth hereafter: 1) The Capital Fund will be funded from surplus revenues provided by Riverview Hospital as a result of Riverview's administration of the paramedic and emergency response services and by monies previously received by the City and deposited in the general fund as follows: July 1991 through December 1991, $3,536.00; January 1992 through December 1992, $18,304.00; January 1993 through December 1993, $~0,S46.00; January 1994 forward, as received; 2) The funds held in the Capital Fund shall be accounted for and maintained separate and apart from other City funds and invested with interest thereon deposited into the Capital Fund as provided by law; 3) The funds held and accounted for in the Capital Fund shall be withdrawn only: a) upon proper appropriation by the legislative body of the City of Carmel; b) upon written agreement between the City and the Township authorizing expenditures; and c) for the purpose of making capital expenditures supporting emergency ambulance and fire service; ORDINANCE D-1042 PAGE 3 4) Capital equipment and improvements acquired from the funds held in the Capital Fund shall be titled in the name of the City and/or the Township as set forth in written agreement between the City and the Township at the time of expenditure; and 5) At such time as Riverview terminates its administration of paramedic services and/or the City and Township do not provide paramedic or fire protection services to Clay Township as a whole by joint agreement, all unexpended funds maintained in the Capital Fund shall be distributed to the City and to the Township based upon the City and the Township's proportionate monetary contribution toward fire protection of Clay Township under prior Contracts for Fire and Protection between the City and the Township. The life of the Emergency Ambulance and Fire Service Capital Fund shall be perpetual unless terminated by subsequent ordinance duly enacted by the City of Carmel legislative body. This ordinance shall be in full force and effect from and after its passage by the Common Council of the City of Carmel and its approval by the Mayor. PASSED BY THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, THIS / ,~ DAY OF ~/Omy , 199,1. E iding Officer res ATTEST: Presented by me t~t~,.ayor of the City of Carmel, Indiana, this T ; , Mayor ATTEST: /