All storm sewer charges shall be collected as provided in this chapter and credited to a fund to be known as the “Storm Water System Fund”, which Fund shall be at all times segregated and maintained by the City Clerk on the books of the city as a separate and special fund. All revenues collected from the storm sewer utility fee, grants, permit fees and other charges collected shall be deposited to the Fund. The Council may make additional appropriations to the fund. All disbursements from the fund shall be for the following purposes: The acquisition by gift, purchase or condemnation of real and personal property, and interests therein, necessary to construct, operate and maintain storm sewer facilities; all costs of administration and implementation of the storm water management program, including the establishment of reasonable operating and capital reserves to meet unanticipated or emergency storm water management requirements; engineering and design, debt service and related financing expenses, construction costs for new facilities and enlargement or improvement of existing facilities; operation and maintenance of the storm sewer system; monitoring, surveillance and inspection of storm water system facilities; water quality monitoring and water quality programs; retrofitting developed areas for pollution control; inspection and enforcement activities; billing and administrative costs; and all other activities which are reasonably required to plan, design, build, operate, maintain and administer the storm water system.
(Ord. 2009-04, passed 9-14-2009)