(A) All revenues and monies derived from the operation of the sewerage system shall be deposited in the sewerage account of the sewerage fund. All these revenues and monies shall be held by the City Treasurer separate and apart from his or her private funds and separate and apart from all other funds of the city, and all of that sum, without any deductions whatever, shall be delivered to the City Treasurer not more than 10 days after receipt of the same, or at more frequent intervals as may from time to time be directed by the Mayor and Council.
(B) The City Treasurer shall receive all revenues from the sewerage system and all other funds and monies incident to the operation of the system as the same may be delivered to him or her and deposit the same in the account of the fund designated as the “sewerage fund of the city.” The Treasurer shall administer this fund in every respect in the manner provided by statute of the Revised Cities and Villages Act, Chapter 65, Act 20, §§ .01 et seq., effective January 1942.
(1969 Code, § 27-91) (Ord. 1989-7, passed 3-13-1989) Penalty, see § 52.999