The funds received from the collection of the rates provided for in Section 925.08 shall be deposited as received with the Director of Finance who shall keep the same in a separate fund designated as the "Sanitary Sewer Revenue Fund". Subject to the provisions of any ordinance or indenture of mortgage authorizing the issuance of, and securing mortgage revenue bonds for the system, moneys in the Fund shall be used for the cost of operating, maintaining, repair and management of the sanitary sewer system and for the payment of debt and other charges on bonds issued for improvements of, and extensions to the system, and any surplus in the Fund over the above requirements mentioned herein may be used for enlargements, replacements of the system, and parts thereof.
(Ord. 2001-25. Passed 2-20-01.)