Chapter 3.33
LOCAL IMPROVEMENT DISTRICT CONSTRUCTION FUND

Sections:

3.33.010    Fund created.

3.33.020    Purposes – Expenditures.

3.33.030    Accumulated funds.

3.33.010 Fund created.

There is hereby created a fund known as the local improvement district construction fund. (Ord. 669-97)

3.33.020 Purposes – Expenditures.

This fund has been created for the purpose of accumulating funds for the expansion and construction of sewer system improvements through a local improvement district. Expenditures for said projects shall be approved by the city council prior to the commitment of any funds. (Ord. 669-97)

3.33.030 Accumulated funds.

Should this fund be discontinued or closed, any unexpended funds remaining in the fund shall be deposited to the utility reserve fund. (Ord. 669-97)