In the event of a surplus remaining in the redemption fund after payment of all bonds issued under any plan mentioned in this chapter and the interest thereon, for retirement of which such fund was established, such surplus, subject to any other special provision therefor in this chapter, shall be applied first to repayment to the city of any balance due it for contributions and advances which it may have made to the redemption fund and of any special taxes which it may have levied in aid thereof other than any regular taxes levied to retire any such bonds, and also of any moneys due it for costs incurred or charges allowed, together with interest on such sums at the rate mentioned in said bonds. The excess, if any, shall be paid into the general fund of the city.
(Ord. 2277 (part), 1966: prior code § 40.501(q))