(A) There is hereby created the Town Sewer Cash Reserve Fund, a fund to be created by the Utility Department pursuant to I.C. 8-1.5-3-11.
(B) The Cash Reserve Fund shall be funded in accordance with I.C. 8-1.5-3-11.
(C) The proceeds in the Cash Reserve Fund may be invested as provided in I.C. 8-1.5-3-13.
(Ord. 1996-10, passed 5-22-1996)