§ 40.018 ANNUAL FEE ON WATERCRAFT.
   The Common Council may impose an annual fee upon each watercraft that is docked for more than 29 days during a year in waters that are under the jurisdiction of the Port Authority under this chapter pursuant to I.C. 8-10-5-22(b). The fee shall amount to not more than an amount as set by the city from time to time per foot for watercraft for 30 feet or less, and not more than an amount as set by the city from time to time per foot for watercraft over 30 feet. All fees collected under this section shall be deposited in an Accumulative Channel Maintenance Fund established under this chapter and shall be used only to pay for dredging. The fee shall be established only upon petition and recommendation of the Board of Directors of the Port Authority.
(Prior Code, § 44.18) (Ord. 0-99-0027, passed 12-20-1999)