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(A) All revenues and moneys derived from the operation of the sewerage system shall be deposited in the Sewerage Account of the Sewerage Fund. All such revenues and moneys shall be held by the City Treasurer separate and apart from his or her private funds and separate and apart from all other funds of the city and all of said sum, without any deductions whatever, shall be delivered to the City Treasurer not more than ten days after receipt of the same, or at such more frequent intervals as may from time to time be directed by the Mayor and Council.
(B) The City Treasurer shall receive all such revenues from the sewerage system and all other funds and moneys incident to the operation of such system as the same may be delivered to him or her, and deposit the same in the account of the fund designated as the Sewerage Fund of the city. The Treasurer shall administer the fund in every respect in the manner provided by the Municipal Code, 65 ILCS 5/1-1-1 et seq.
(Ord. 5, Series 1981-1982, passed 8-24-1981)