§ 52.55  DEPOSIT OF FUNDS.
   (A)   The funds received from the collection of the charges or rental authorized by this subchapter shall be deposited in a like manner as other village funds, and shall be accounted for and be known as the “Sewer Fund.”
   (B)   When appropriated by the Village Council, such funds shall be available for the payment of the costs and expenses of the management, maintenance and repair of the village sanitary and combined sewage system and the sewage pumping, treatment and disposal works.
   (C)   Any surplus in such fund shall be used for the enlargement or replacement of such sanitary and combined sewage system, pumping, treatment and disposal works, for construction and reconstruction of main and interceptor storm sewers, and for the payment of the interest on any debt incurred for the construction thereof, except that no part thereof shall be used for the extension of such sewage system as local sewers into unsewered areas or for any other purpose.
(Ord. 474, passed 7-20-54; Am. Ord. 554, passed 3-19-63)
Statutory reference:
   Funds from sewer rentals, see R.C. § 729.52