(a) All revenues and moneys derived from the operation of the sewerage system shall be deposited in the sewerage account of the Sewerage Fund. All such revenues and moneys shall be held by the Village Treasurer separate and apart from private funds and separate and apart from all other funds of the Village. All of such revenues and moneys, without any deductions whatever, shall be delivered to the Village Treasurer not more than ten days after receipt of the same or at more frequent intervals as may, from time to time, be directed by the President and the Board of Trustees.
(b) The Village Treasurer shall receive all revenues from the sewerage system and all other funds and moneys incident to the operation of such system as the same may be delivered to him or her and shall deposit the same in the sewerage account of the Sewerage Fund. The Treasurer shall administer such Fund in every respect in the manner provided by the Revised Cities and Villages Act, effective January, 1942, as amended.
(Ord. 795. Passed 9-27-93.)