Chapter 3.65
WASTEWATER FACILITIES CAPITAL RESERVE FUND

Sections:

3.65.005    Definitions.

3.65.010    Fund created—Purposes.

3.65.020    Source of funds.

3.65.030    Expenditures.

3.65.005 Definitions.

“Wastewater” shall have the same meaning as in Chapter 7.65.

“Wastewater system” shall have the same meaning as “POTW” or “publicly owned treatment works” in Chapter 7.65.

“Wastewater treatment plant” shall have the same meaning as in Chapter 7.65. (Ord. 97-13 § 9, 1997).

3.65.010 Fund created—Purposes.

There is created a special fund to be known as the wastewater facilities capital reserve fund. The money in the fund shall be expended only for the purposes of replacement of, or capital repairs or capital improvements to, the wastewater treatment plant. (Ord. 2454 § 1, 1980: Ord. 2419 § 1 (part), 1980).

3.65.020 Source of funds.

Payments of capital reserves received by the city of Yakima from Yakima County, the city of Union Gap and the Terrace Heights Sewer District, pursuant to the agreement of those parties entitled “Agreement For Wastewater Treatment and Disposal Service,” dated February 23, 1976, shall be deposited in the wastewater facilities capital reserve fund. The city council may, from time to time, transfer or appropriate money from any available source into said fund. (Ord. 97-13 § 10, 1997: Ord. 2419 § 1 (part), 1980).

3.65.030 Expenditures.

Expenditures from the wastewater facilities capital reserve fund shall be made only for the purposes specified in Section 3.65.010 of this chapter. No expenditure shall be made unless the Yakima city council shall approve the expenditure by enacting an ordinance appropriating money within the fund for the purpose for which the expenditure is to be made, or by including an appropriation for such purpose in the budget. (Ord. 2419 § 1 (part), 1980).