(A) All revenues earned and fees collected for storm water service, including but not limited to, drainage service charges, permit and inspection fees, direct charges and interest earnings on any unused funds shall be deposited in an account entitled “Town of Andrews Storm Water Account”.
(B) Disbursements from this account will be authorized by the Board and, as required by law, the Town Council. Such disbursements will be used exclusively for the operation, maintenance and improvement of the Town’s storm water system. Funds from this account shall not revert to any other utility or fund and may not be transferred for any other purpose.
(C) Pursuant to I.C. 8-1.5-5-6, the Clerk-Treasurer shall account for all funds collected and expended for the Department.
(Ord. 2018-2, passed 3-12-2018)