The funds received from the collection of the charges or rentals authorized by this chapter, shall be deposited with the City Treasurer and shall be accounted for and be known as the Sanitary Sewer Fund and, when appropriated by Council, shall be available for the payment of the cost and expense of the management, maintenance, operation and repair of the City sewerage system and the sewage pumping, treatment and disposal works. Any surplus in the Operation, Maintenance and Replacement (OM & R) segment of the Sanitary Sewer Fund must be used for OM & R purposes and as provided by law. Any surplus in the Capital Improvements or Debt Retirement segment of the Sanitary Sewer Fund may be used for any purpose other than OM & R, and as provided by law.
(Ord. 7-95. Passed 2-27-95.)
(Ord. 7-95. Passed 2-27-95.)