(A) The stormwater management program is established and the stormwater system is provided to protect the waterways and land in the city by managing flooding and to benefit the natural environment. The cost of designing, developing, improving, operating, maintaining, and monitoring the stormwater system required in the city should therefore be allocated to the extent practicable to all property owners and/or occupants of land based on their impact on the stormwater system. In order to provide revenue to fund those costs and to fairly allocate those costs, a Stormwater Management Fund ("the Fund") is established.
(B) All revenues collected for the purpose of stormwater management from user fees, grants, permit fees, and other charges collected under this chapter, shall be deposited into the Fund. All disbursements from the Fund shall be for the purposes of the Fund as set forth in this chapter.
(Ord. 2015-004, passed 3-23-2015)