The water commission is hereby authorized to collect all water rents and other charges and to keep the revenue in a separate fund to be known as the water fund. The revenue derived from water rents and other charges shall be used only for the purchase of water and water meters and for other necessary expenses of operating the water system.
(W.P. Ord. 9-1933, § 4, passed 10-2-33; T.M. Code 1974, § 111.17; Am. Ord. 3-3-89, passed 3-9-89)