The fees paid pursuant to § 16.25.101 shall be placed in a special fund which may be further segregated by specific water facility projects. That fund shall be known as the "South Corona Water Facilities Fees Fund." This fund, and interest earned thereon, shall be expended solely for the acquisition of land, if necessary, and the design and construction, or reimbursement for construction, of the facilities shown in the Water Facilities Fees Study.
(`78 Code, § 16.25.102.) (Ord. 1944 § 1 (part), 1989.)