§ 98-347. Dedication funds.

Latest version.

(a)

The system facility access fees, together with all interest derived therefrom, that are generated by this article shall be deposited into a dedicated fund account to be used solely for the financing of the construction, design, inspection, and other related expenses of general benefit wastewater capital improvement projects.

(b)

A separate dedicated fund shall be established for receipt of proceeds from wholesale sewer customers of the City of Haltom City. This dedicated fund shall not be commingled with fee proceeds from the retail customer class except to the extent funds may be combined for expenditure on general benefit capital facilities. Such funds collected from wholesale customers shall be used solely for the purposes set out in the contracts between Haltom City and its wholesale customers.

(Code 1973, § 21-157; Ord. No. 1360, § 7, 6-22-87)

                    
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