§ 111.510. Neighborhood Assessment Program Grant Trust Fund.
Latest version.
There is hereby created and established a
Neighborhood Assessment Program Grant Trust Fund
into which shall be deposited and from which shall be expended all appropriations
to and donations of money made for the general purpose of assisting low-income homeowners
with the cost of non-ad valorem special assessments levied to pay for improvements
as provided in Chapter 714, Ordinance Code. All funds deposited into this Trust Fund shall be the subject of
a permanent and continuing appropriation that shall carry forward from year-to-year
notwithstanding budget years. Private donations to the trust fund may be dedicated
for the benefit of a specific neighborhood assessment program or project or household
within a neighborhood provided the applicant qualifies for the grant pursuant to Section 714.113, Ordinance Code. The Director of Finance and Administration is authorized to make
disbursements from this Trust Fund upon written requisition and recommendation of
the special assessment hardship review committee and in accordance with Chapter 714, Ordinance Code.
