Revenues derived under the provisions of this article shall be used only for: (a) the acquisition, construction, reconstruction, maintenance and operation of storm drainage water systems and related facilities; (b) to repay principal and interest on bonds issued for the construction or reconstruction of such systems or facilities; (c) to repay federal or state loans or advances made to the city for the construction or reconstruction of such systems or facilities; (d) operations and maintenance of detention ponds, conveyance channel, wetlands; (e) sampling and testing of stormwater; and (f) studies, reporting, and permitting for such systems and facilities. A specific fund shall be established for the deposit and disbursement of the funds collected under this article.
(Ord. 958 § 3; Ord. 968 § 3; Ord. 2391 § 2, 2012; Ord. 2473 § 1, 2016; Ord. 2622 § 1, 2022)