(1) All funds derived from the plant investment charge are to be segregated by appropriate approved accounting practices from all other funds of the city. That portion of the plant investment charge calculated and collected on account of sewers shall be used for no other purpose than installing, constructing, and extending sewer facilities or debt service thereon; that portion of the plant investment charge calculated and collected on account of water shall be used for no other purpose than installing, constructing, and extending water facilities or debt service thereon; and, that portion of the plant investment charge calculated and collected on account of drainage shall be used for no other purpose than installing, constructing, and extending drainage facilities or debt service thereon.

(2) The entire portion of the water plant investment charge for the Cedarhome benefit area shall be used for no other purpose than the design, installation, and construction of the 400 zone 500,000-gallon elevated reservoir and transmission main; and Cedarhome booster pump station or debt service thereon. (Ord. 1405 § 1 (Exh. 1), 2015; Ord. 1107, 2001; Ord. 787 § 8, 1989).