A Depreciation Fund shall be continued for the purpose of meeting special or unforeseen emergencies in connection with the operation of the sewage works, or for the payment of the costs of constructing extensions, improvements, betterments or additions to the sewage works. A subaccount of said Depreciation Fund entitled "Capital Account" may only be used for the construction, remodeling, repair and extension of storm sewers; relief sewers and drains in aid of the sanitary system or storm water system; and the payment of the city's part of the costs of any public sewer or drainage project that lies partly or wholly within the city and aids or is connected to the sewage works system or storm water system of the city.
(Ord. 18-2005, passed 6-21-2005; Am. Ord. 43-2005, passed 1-3-2006)