(A)   Authority.  Pursuant to G.S. Chapter 160A, Article 16,  the City of Monroe is authorized to create a stormwater utility and enterprise fund and in so doing establish a schedule of rents, rates, fees, charges, and penalties for the use of or the services furnished by such public enterprise.
   (B)   Purpose. It is the purpose of this section to establish a stormwater utility as an identified fiscal and accounting fund for the purpose of comprehensively addressing the stormwater management needs of the city through a program designed to improve, maintain, operate and repair stormwater conveyance systems and to protect and manage water quality and quantity by controlling the level of pollutants in stormwater runoff, and the quantity and rate of stormwater received and conveyed by structural and natural stormwater and drainage systems of all types. It provides a schedule of rents, rates, fees, charges and penalties necessary to assure that all aspects of the stormwater program are managed in accordance with Federal, State and Local laws, rules, and regulations.
   (C)   Jurisdiction.  The boundaries and jurisdiction of the stormwater utility shall extend to the corporate limits of the City, including all areas hereafter annexed thereto.
(Ord. O-2008-46, passed 11-18-08)