Chapter 3.58


3.58.010    Established.

3.58.020    Deposits to fund.

3.58.030    Payments from fund.

3.58.010 Established.

There is established a fund to be known as the “municipal water fund” of the city. (Ord. 778 § 1, 1928)

3.58.020 Deposits to fund.

The money derived from the sale of special water revenue bonds authorized as of the adoption of the ordinance codified in this chapter, over and above the purchase price of the water system, together with all moneys which may be derived from the sale of such bonds in the future, and all moneys derived form the sale of water by the city, shall be placed in the municipal water fund. (Ord. 778 § 2, 1928)

3.58.030 Payments from fund.

All claims and expenses of every kind in connection with the operation of the waterworks system belonging to the city, its maintenance, and betterments and extensions thereto shall be paid by warrants drawn on the municipal water fund, which warrants shall be registered and paid in the same manner as current expense fund warrants. (Ord. 778 § 2, 1928)