10-1-6: ASSESSMENTS AND FEES:
   A.   Funds: All fees, charges and assessments received and collected under the authority of this chapter shall be deposited and credited to funds designated as the Municipal Irrigation Fund. The accounts of said funds shall show all receipts and expenditures for the maintenance and operation of the irrigation system and any payments into a sinking fund established for the purpose of paying principal of and interest on bond indebtedness of the Municipal irrigation systems which shall, from time to time, be outstanding. As provided by law, when budgeted and appropriated, the funds and credits to the account of the Municipal Irrigation Fund shall be available for the payment of the requirements for the maintenance and operation, repairs and upkeep of the Municipal irrigation system of the City, and to the extent legally available, for payment into a sinking fund established for the payment of the principal of and interest on any Municipal Irrigation Fund indebtedness of the City which shall, from time to time, be outstanding.
   B.   Assessments: The assessments for each irrigation system served by the City municipal irrigation system shall be established by the City Council in accordance with the provisions of Idaho Code title 50, chapter 18. The following dates are established by Idaho Code title 50, chapter 18:
      1.   By the fourth Monday of January of each year, the City Clerk shall prepare an assessment book listing all the property to which irrigation water is being supplied by the City municipal irrigation system and listing the persons who own or have possession or control of the property. Both lists shall conform to the requirements of Idaho Code section 50-1807.
      2.   By the second Monday of February of each year, unless a legal holiday, then on the succeeding work day, the Mayor and City Council shall meet and make an estimate of the necessary funds for the expenses of maintaining, operating, improving, extending and enlarging the City municipal irrigation system for the ensuing year. The estimate of the expenses and the assessments derived from the estimate shall conform to the requirements of Idaho Code section 50-1807.
      3.   By the first day of March of each year, the City Clerk must give notice in accordance with Idaho Code section 50-1807 of the time the Mayor and Council shall meet to correct the assessments. The meeting will occur no later than March 20 and, in the meantime, the assessment books will be available for inspection in the Office of the City Clerk. The meeting may not exceed three (3) working days, and the City Clerk shall complete all corrections to the assessment books within five (5) days after the Mayor and Council adjourn and the City Clerk shall certify and deliver the assessment books to the City Treasurer.
      4.   The City Treasurer shall publish notice in accordance with Idaho Code section 50-1814 that the assessments are due and payable on or before April 1 of each year. (1952 Code § 8-16-06)