(a) All Storm Water Drainage Fees collected by the City shall be paid into an enterprise fund known as "Storm Water Utility Fund". Such fund shall be used for the purpose of paying the costs of operation, administration and maintenance of the storm water management facilities of the City and to carry out all other purposes of the utility. To the extent that the Storm Water Drainage Fees collected are insufficient to construct the needed storm water drainage facilities, the cost of the same may be paid from such City fund as may be determined by City Council, but City Council may order the reimbursement of such fund if additional fees are thereafter collected.
(b) The fees and charges paid shall not be used for general or other governmental or proprietary purposes of the City, except to pay for the equitable share of the cost of accounting, management and government thereof. Other than as described above, the fees and charges shall be used solely for the purpose stated previously in this section.
(Ord. 33-07. Passed 12-26-07.)