(a) In this section:
(1) "Fund" means a nuisance abatement fund.
(2) "Nuisance abatement" means an activity taken by a municipality to reduce the occurrences of a common or public nuisance.
(b) This section applies only to a municipality with a population of 1.5 million or more.
(c) A municipality shall create a fund as a separate account in the treasury of the municipality.
(d) The fund consists of:
(1) money awarded the municipality in an action under this chapter;
(2) money awarded the municipality under a settlement to an action under this chapter;
(3) fines resulting from code enforcement citations issued by the municipality for conduct defined as a common or public nuisance under this chapter;
(4) bonds forfeited to the municipality under this chapter; and
(5) donations or grants made to the municipality for the purpose of nuisance abatement.
(e) The money in the fund may be used only for the purpose of ongoing nuisance abatement. That purpose includes:
(1) regular and overtime compensation for nuisance abatement or enforcement personnel; and
(2) hiring additional personnel for nuisance abatement as needed.