IC 6-9-64-9: Uses of money in fund

Sec. 9. Money in the food and beverage tax receipts fund must be used by the city only for the following purposes:

(1) Parks and recreation, including trails.

(2) Activation of the Whitewater Gorge.

(3) The pledge of money under IC 5-1-14-4 for bonds, leases, or other obligations incurred for a purpose described in subdivision (1) or (2).