Chapter 3.54
SEWER UTILITY DEBT SERVICE FUND
Sections:
3.54.020 Purpose – Expenditures.
3.54.010 Fund created.
There is hereby created a fund known as the sewer utility debt service fund. (Ord. 774-01)
3.54.020 Purpose – Expenditures.
This fund has been created for the purpose of payment of debt service incurred for improvements to the sewer utility system. Expenditures for said debt will be in accordance with loan agreements. (Ord. 774-01)
3.54.030 Accumulated funds.
Should this fund be discontinued or closed, any unexpended funds remaining in the fund shall be deposited to the sewer utility fund for the maintenance of the sewer system. (Ord. 774-01)