All sums collected on account of the assessment and any amount ordered by the Council for part of the costs and expenses of the improvement shall be placed in the City Treasury in a special fund designated as the Street Lighting Maintenance Assessment Fund which shall be used:
(1) for payment of costs and expenses of maintaining, including operating, repairing and replacing, the system or systems and appliances, as defined in Section 6.96 of this chapter, for the period for which the proceeding is conducted, with any surplus to be used as provided in this chapter; and
(2) as a source of funds for appropriations to the annual budget of the Bureau of Street Lighting, and related costs. Costs and expenses paid, which are not a part of the districts’ maintenance, shall be reimbursed from the appropriate revenues, within the year of their expenditure.
The Council may provide in the annual budget, or at any time by appropriation or transfer, for funds to be available as needed for any improvement or for continuing the maintenance of any or all street lighting systems and appliances, in addition to the assessments made therefor.
If for any reason there shall be a deficiency in the funds derived from the assessment for any improvement under this chapter, including all incidental expenses thereof, the City Council may meet such deficiency by an appropriation out of the General Fund or by ordering a supplemental assessment in the same manner and as nearly as may be as the preceding assessment, except that protest may only be made against such supplemental assessment.
SECTION HISTORY
Based on Ord. No. 75,000.
Amended by: Ord. No. 117,944; Title and Sec., Ord. No. 169,857, Eff. 7-9-94.