§ 15-68. Use of fund

Latest version.

The money obtained through payment of drainage fees as provided for in this chapter may be used by the city to defray the cost of constructing storm drains and related facilities, and said funds shall be expended for repair, maintenance or installation of new drainage facilities, all to implement the master drainage plan, including repair, maintenance and upkeep of facilities already in place, whether or not those facilities are specifically included in the master drainage plan. The city may incur indebtedness for the construction of any drainage facility providing the sole source for repayment of such indebtedness shall be from the drainage fee fund.

(Ord. No. 06-19, § 2, 9-5-06 )

                    
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