§ 39.01  SPECIAL FUNDS.
   (A)   There are established special funds known respectively as the Electric Improvement Reserve Fund, Water Improvement Reserve Fund, and Sewer Improvement Reserve Fund.
   (B)   All monies credited to the respective funds are earmarked to make capital improvements to the respective utility systems.  The improvements shall include repairs, enlargement or extension of the utility systems, equipment, property, and buildings needed to conduct and manage the utility systems and to pay debt service of those systems.
(1974 Code, § 39.01)  (Ord. 16-82, passed 4-19-1982)