(A) Established. There is hereby established a Water Tank Refurbishment Fund for the purpose of accounting for the operations of the water tank refurbishment program.
(Prior Code, § 43.370)
(B) Deposits. Monies deposited in the Fund shall be used for the operations of the water tank refurbishment program.
(Prior Code, § 43.371)
(C) Expenditures. Monies from the Fund may be disbursed only on approved claims allowed by the City Water Board.
(Prior Code, § 43.372)
(D) Termination of fund. The Fund shall be perpetual in nature; however, should the Fund terminate for any lawful reason, any balance in the Fund shall be disbursed to the City Water Department.
(Prior Code, § 43.373)
(Ord. 0-01-0010, passed 4-11-2001)