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Section 2 -155. City development fund. <br />A City development fund is created to be used to pay <br />expenses incurred in promoting the betterment of the City, including, <br />but not necessarily limited to the following: <br />(a) Membership dues in local, regional, state and national <br />associations of a civic, educational or governmental nature which <br />have as their purpose the betterment and improvement of municipal <br />operations; <br />(b) Direct expenses for travel, meals and lodging in con- <br />junction with City business or meetings of organizations to <br />which the City belongs; <br />(c) Expenses incurred in the promotion of economic or <br />industrial development for the City, including, but not limited to, <br />meeting room rental, meals, decorations, travel, awards, memorabilia; <br />(d) Expenses incurred in interviewing job applicants; <br />(e) Expenses incurred in developing relations with other <br />units of government; <br />(f) Other expenses of a civic or governmental nature deemed <br />to be in the best interest of the City. <br />Section 2 -156. Cumulative capital improvement fund. <br />A cumulative capital improvement fund is continued for <br />purposes permitted under IC 36 -9 -16. It shall be funded and operated <br />in accordance with statutory requirements. <br />Section 2 -157. Cumulative steet fund. <br />A cumulative street fund is created to provide money for the <br />acquisition of rights -of -way for public ways and sidewalks and the <br />construction and reconstruction of public ways and sidewalks. It <br />shall be funded and operated in accordance with I.C. 36 -9 -16.5. <br />Section 2 -158. Cumulative sewer building and sinking fund. <br />A cumulative sewer building and sinking fund is continued <br />for purposes permitted under IC 36 -9 -26. It shall be funded and <br />operated in accordance with statutory requirements. <br />Section 2 -159. Firearms training fund. <br />(a) A firearms training fund is continued, pursuant to IC <br />35- 23- 4.1 -5. <br />(b) It shall be funded by all fees collected for handgun <br />license applications. <br />(c) Monies shall be used by the police department exclu- <br />sively to train law enforcement officers in the proper use of fire- <br />arms or other law enforcement duties. <br />Section 2 -160. General improvement fund. <br />A general improvement fund is continued for purposes <br />permitted under I.C. 36 -9 -17. It shall be funded and operated in <br />accordance with statutory requirements. <br />Section 2 -161. Industrial development fund. <br />(a) An industrial development fund is continued for pur- <br />poses permitted under IC 36 -7 -13. It shall be funded and operated in <br />accordance with statutory requirements. <br />12 <br />