A. There is hereby established a special fund entitled "Culver City Safe and Clean Water Protection Measure" to be maintained by the City. Parcel tax proceeds shall be collected each fiscal year and deposited in said special fund, and shall be used exclusively for the implementation of the EWMP Plan, including but not limited to, financing the operation, administration, maintenance, improvement, environmental restoration, upgrade and replacement of the existing and future storm drainage system, on-site storm water management systems, storm drain conveyance system upgrades, and multipurpose capital improvement projects, improving the quality of storm water, as well as complying with local, state, and federal storm water regulations and paying for, or securing the payment of, any indebtedness incurred for these purposes, and any and all other purposes as more fully discussed therein. The following are goals of the EWMP Plan:
1. Reduce urban runoff pollution;
2. Reduce urban flooding;
3. Increase water reuse and conservation;
4. Increase recreational opportunities and open space;
5. Increase wildlife and marine habitat.
B. Parcel tax proceeds may also be used to enforce and administer the parcel tax, including costs for submission of any measure to the voters for the establishment or alteration of the parcel tax, including but not limited to the calculation and submittal of the parcel tax to the Los Angeles County Assessor, fees for the placement and collection of the parcel tax on the secured property tax roll, and any costs for consultants and legal counsel.
(Ord. 2016-013 § 1 (part))