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HomeMy WebLinkAboutO-1815 - Adds Ch. 3.20, surface water utility fund (3.20)CIT Y 0 F MAR Y S V ILL E Marysville,Washington ORDINANCE NO.I S'IS- AN ORDINANCE OF THE CITY OF MARYSVILLE ENACTING A NEW CHAPTER 3.20 OF THE MARYSVILLE MUNICIPAL CODE ESTAB- LISHING A SURFACE WATER UTILITY FUND. THE CITY COUNCIL OF THE CITY OF MARYSVILLE,WASHINGTON DO ORDAIN AS FOLLOWS: A new Chapter 3.20 of the Marysville Municipal Code is hereby enacted providing as follows: SURFACE WATER UTILITY FUND 3.20.010 Fund Created.There is created and es- tablished a fund to be designated the Surface Water Utility Fund. 3.20.020 Source of Deposits. a.All drainage basin assessments collected by the city pursuant to Chapter 14.18 of the Marysville Municipal Code shall be deposited in the Surface Water Utility Fund. b.All surface water utility service charges collected by Snohomish County pursuant to Chapter 14.19 of the Marysville Municipal Code and disbursed to the city shall be deposited in the Surface Water Utility Fund. 3.20.030 Expenditures.The Surface Water Utility Fund shall be used exclusively in accordance with Chapter 36.89 RCW for the purpose of paying all or any part of the cost and expense of maintaining and operating storm water control facilities,all or any part of the cost and expense of planning,designing,establishing,acquiring,developing, constructing and improving any of such facilities,or to pay or secure the payment of all or any portion of any issue of general obligation or revenue bonds issued for such purpose. ~ASSED b~he city Council and APPROVED by the Mayor this10dayof~C'e~2 -6=B-'L--.,1990. ORDINANCE - 1 CITY OF MARYSVILLE AltrdiFi,,--~-,¥YOR Attest: Approved as to form: ORDINANCE - 2