(A) The City Clerk shall pay over to the Treasurer of said city all money received from the sale of water supplied from said system and from miscellaneous charges made. The City Treasurer shall deposit said monies received for water supplied and for said charges in a fund designated as the “Waterworks Fund” of the city, as established by Ordinance 49 of said city. The City Treasurer shall continue the present accounts and shall keep proper books, records, and accounts in which complete and correct entries shall be made of all transactions relative to said monies received by said Treasurer. Said Treasurer, at regular annual intervals, shall cause an audit to be made, all as provided in said Ordinance 49.
(B) The City Clerk shall deposit $6,000 in the month of June each year beginning in the year 2020. Deposits shall be made annually to the water tower saving account to be used for water tower maintenance or replacement. This yearly amount shall be included in the yearly water budget.
(Prior Code, § 705.100) (Ord. 213, passed 5-3-1983; Ord. 447, passed 3-13-2019)