All revenues and monies derived from the operation of the water system shall be paid to and held by the Board of Public Affairs separate and apart from all other funds of the municipality and all of said sums and all other funds and monies incident to the operation of said system, as may be delivered to the Board of Public Affairs, shall be deposited in a separate fund designated the Waterworks Fund Account and said Board of Public Affairs shall administer said fund in every respect in a manner provided by the state code and all other laws pertaining thereto.
(Ord. 2009-16, passed 5-18-2009)