913.301 SEWER REVENUE FUND.
   The funds received from the collection of the rates and charges as provided in Sub-Chapter 913.300 shall be deposited daily with the City Treasurer, who shall keep the same in a separate fund designated Sewer Revenue Fund and money s in said Fund shall be used for the payment of the cost and expense of the operation, maintenance, repair and management of the system, and for the payment of debt charges on bonds issued for extensions and improvements of such system. Any surplus in said Fund over and above the requirements before mentioned may be used for the enlargement and replacement of the system and parts thereof, but shall not be used for the extensions of the system to serve unsevered areas or for any other purpose whatsoever.
(Ord. 19-91. Passed 3-18-91.)