Chapter 3.68
WATER-SEWER EQUIPMENT REPLACEMENT FUND
Sections:
3.68.030 Disbursement of funds – Authorization.
3.68.010 Created.
There is hereby created a fund to be known as the “water-sewer equipment replacement fund” into which moneys shall be placed from time to time as designated by the city council. (Ord. 1328 § 1, 1985).
3.68.020 Transfer of moneys.
The finance director of the city is directed to transfer $15,000 from the water-sewer operating fund as set forth in the 1985 budget adopted on December 3, 1984. (Ord. 017-23 § 4 (Exh. A); Ord. 1328 § 2, 1985).
3.68.030 Disbursement of funds – Authorization.
Disbursements from the water-sewer equipment replacement fund by the city finance director shall be made upon proper authorization by the mayor and city council. (Ord. 017-23 § 4 (Exh. A); Ord. 1328 § 3, 1985).