(A) The schedules of rates and rate structures shall be as follows:
Stormwater Management Rate Schedule | |||
Classifcation | Description | Multiplier | Rate per month |
A | Single Family Residential | 1.00 | $21.00 |
B | Commercial | 2.00 | $42.00 |
C | Governmental | 5.00 | $105.00 |
D | Churches | 5.00 | $105.00 |
E | Industrial | 10.00 | $210.00 |
F | Schools | 25.00 | $525.00 |
(B) Pursuant to I.C. 8-1.5-5-6 and other appropriate sections, the Clerk-Treasurer of the city shall account for all funds collected and expended for storm water management.
(C) Pursuant to I.C. 8-1.5-5-6 and other appropriate sections, the Storm Water Management Utility Board retains the right to direct the spending of funds through written directive to the Clerk-Treasurer of the city.
(D) The Department of Storm Water Management shall implement policies and procedures governing its operation.
(E) The following accounts are hereby established for the deposit of funds to be allocated by the Storm Water Management Utility Board:
(1) Operation and maintenance account.
(2) Depreciation account.
(3) Bond and interest redemption account.
(4) Any other accounts established by state statute or administrative agency for the operation of municipal government agencies.
(F) The operation of the Storm Water Management Utility Board shall be in compliance with I.C. 8-1.5-5-1 et seq.
(Ord. 535, passed 6-14-04)