892.16 SEGREGATION OF MONEYS.
   Except as otherwise provided in the City Charter or by law, moneys raised by special assessment for a public improvement shall be segregated in a special fund or account and may be used only to pay for the costs of the improvement for which the assessment was levied, together with the expenses incidental thereto, and to repay any money borrowed or advanced therefor, together with interest which has accrued thereon.
(Ord. 158. Passed 7-2-56.)