(a) There is hereby reestablished the "Town of St. John Parks and Recreation Memorial Bench and Tree Program Special Revenue Fund," which shall be a special revenue fund under the rules, regulations, and requirements of applicable Indiana law, including the Indiana Code, as amended from time to time, as well as the administrative rules and requirements to the Indiana State Board of Accounts.

(b) Any monies collected as donations, as well as appropriations from other Town funds, shall be deposited into the Memorial Bench and Tree Program Special Revenue Fund, as well as any other monies specifically identified to be used in connection with the memorial bench and tree program.

(c) The monies deposited in the Memorial Bench and Tree Program Special Revenue Fund shall be utilized and expended for the costs incurred in connection with the purchase of benches, trees, and plaques; the purchase of equipment, supplies, and related expenses for installation, construction, care, and maintenance of the benches, trees, and memorial sites; and, planning, coordination and carrying out of the Memorial Bench and Tree Program, and all activities related thereto, as approved and authorized by the Board.

(d) The Clerk-Treasurer of the Town is authorized and directed to take all appropriate and required steps to establish said Town of St. John Parks and Recreation Memorial Bench and Tree Program Special Revenue Fund in conformance and compliance with all applicable law, as amended from time to time.