Res 1989-108 - Laserfiche WebLink

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2. Such aIroUnt of rroney property or the said proceeds shall be deposited upon receipt fran the Attorney in a special fund in the City of San Marcos treasury to be used solely for law enforca:œnt purposes. 3. The Attorney shall retain an arrount equal to ten per cent (10%) of the total arount of the lOOney property forfeited, or the proceeds received fran the sale of forfeited securities, negotiable inst:ruments, stocks or bonds, or things of value. 4. The Attorney shall deposit such ëmJun t of lOOney property or the said proceeds in a special fund in the Hays County treasuzy for the benefit of the Attorney, to be used by the Attorney solely for the official purposes of the Attorney's office. III. BUDGEI' FOR EXPENDITURE 1. .1\ny proceeds or money, 3S described herei11above, may be spent by the Agency after receipt from the Attorney only after a budget for their expenditure has been sutmitted to the San Marcos City Council. The Attorney shall sutmit his own budget for the expenditure of any forfeited proceeds or lOOney retained for the official use of the Attorney's office to the Hays Oounty CommissionerS COurt. 2. Any such budget shall be detailed and clearly list and define the categories of expenditures, but shall not list details that would endanger the security of an investigation or prosecUtion. 3. Any expenditures by the Agency are subject to audit provisions established in Chapter 59 of the Texas Code of Criminal Procedure, which shall include an annual audit by the San Marcos City Council. Certified copies of the audit are to be delivered by the City Council to the State Attorney General and to the Governor no later than 30 days after the audit is canpleted. IV. DEPOSIT OF MONEY PENDING DISPOSITION 1. If money that is contraband is se4ed, the Attorney may deposit such money in an interest-bearing bank account in Hays County until a final judgment is rendered concerning the contraband. 2. If a final judgnent is rendered concerning contraband, interest accrued or any money that has been placed in an interest-bearing bank account shall be distributed in the Sélne manner as the money property or proceeds described in Article II of this Agreement are distributed. This instrument constitutes the entire agreement by and between the parties for the purpose of canplying with Chapter 59 of the Texas Code of Criminal Procedure. Any alteration of this agreement, or addition, shall be by an addendum hereto in writing and executed by the parties. Incorporated by reference the same as if specifically written herein are any other requirements imposed by the laws of the State of Texas.