Crescent City Municipal Code Art. VI Sewer Extension Revolving Fund

There is created a special fund in the office of the city clerk, to be known and designated as the "sewer extension revolving fund."

(Ord. 406 § 1)

All claims, charges and expenses, attributable to the installation and maintenance of sewer extension, constructed pursuant to the provisions of Article V, shall be a charge against and payable out of the sewer extension revolving fund. No claim against such fund shall be paid unless the project is approved by resolution of the city council pursuant to the provisions of Article V.

(Ord. 406 § 2)

Whenever the city council has, by resolution, authorized and directed the city manager to prepare plans and specification, advertise for bids and cause bids and the work necessary to install a sewer extension to be performed pursuant to Article V, the city manager shall furnish the city clerk an estimate in writing of the cost of such work and incidental expenses, together with a legal description of the property and the owners thereof contributing to the cost, showing the amount of each, and the city's contribution, if any. The city clerk shall issue receipts to the persons so contributing, and such contribution shall be deposited in the sewer extension revolving fund.

(Ord. 406 § 3)

This article is adopted and the sewer extension revolving fund is created as an incident to Article V, and all definitions contained therein shall apply thereto.

(Ord. 406 § 4)