Any sums thus received by the city shall be deposited or paid into a special assessment fund or account and may be credited to the special assessments which may have been theretofore levied, or may be thereafter levied, for water or sanitary sewer improvements involving the premises for which each special connection fee has been collected.
(2004 Code, § 50.39) (Ord. 90-19, passed 5-8-1990)