There is established in the city a fund to be known as the Water and Sewer Capital Improvement Fund. This fund shall be used only for the purpose of constructing improvements to the water and sewage systems of the city. The fund shall have in it monies as may be collected under the terms of the city income tax ordinance.
(1980 Code, § 35.03) (Am. Ord. 1996, passed 8-17-1964)
Cross-reference:
Use of sewer funds, see § 50.28