(A) Payment and penalty. The sewer service charge shall be for the corresponding period of the water bills, and shall be payable to the City Administrator/Clerk-Treasurer and Utility Secretary Cashier not later than two months after the end of each period. A penalty of 5% shall be added to all bills not paid by the date fixed for final payment.
(B) Lien. All sewage charges shall be a lien upon the property served pursuant to the applicable Minnesota Statutes, and shall be collected in the manner therein provided.
(C) Disposition of revenue. The amounts received from the collection of charges authorized by this chapter shall be credited to a sanitary sewerage account, which shall show all receipts and expenditures of the sewerage system. When appropriated by the Council, the credits to the account shall be available for the payment of the requirements for operation, maintenance, repairs, and depreciation of the
sewerage system consistent with 40 CFR 35.929. Any surplus in the account shall be available for the payment of principal and interest of bonds issued and outstanding, or which may be issued, to provide funds for the sewerage system, or part thereof, and all or a part of the expenses for additions and improvements and other necessary disbursements or indebtedness, and the Council may, by resolution, pledge the surplus or any part thereof for any purpose. All present outstanding sewer system general obligation bonds, including the refunding bonds, shall be paid from this fund, both principal and interest.
(Ord. 170, passed 8-10-1981) Penalty, see § 10.99