The funds received from the collection of all sewer use charges except the Replacement Fund, authorized for this chapter shall be deposited in a like manner as other City funds and shall be accounted for and known as the Sewer Fund. When appropriated by Council, the funds shall be available for the payment of the cost and expenses of the management, maintenance, repair and improvement of the City POTW. The improvement of the sewerage system shall include the City share of the cost of principal and interest on all funds required to pay the cost of acquisition of equipment and for rehabilitation, extension or replacement of POTW facilities.
(Ord. 3995. Passed 11-28-95.)