The funds received from the collection of the rates and charges hereinafter provided for shall be deposited as received with the Treasurer, who shall keep the same in a separate fund designated as the "Sewer Revenue Fund". Subject to the provisions of any ordinances or indenture of mortgage authorizing the issuance of, and securing mortgage revenue bonds for the sewer system, moneys in the Sewer Revenue Fund shall be used for the payment of the cost and expense of operation, maintenance, repair and management of the sewer system and for payment of debt and other charges on bonds issued for improvements of, and extensions to the sewer system, and any surplus in the Sewer Revenue Fund over and above the requirements hereinbefore mentioned may be used for enlargement of, and replacements to the sewer system and parts thereof, or for any other lawful purpose.
(Ord. 38-68. Passed 6-25-68.)