Revenues derived under the provisions of this chapter shall be used only for the acquisition,
construction, reconstruction, maintenance and operation of the water, sewer and sanitations
systems and facilities of the city, to repay principal and interest on bonds issued
for the acquisition, construction or reconstruction of such water, sewer and sanitation
systems and facilities and to repay any federal or state loans or advances made for
the construction or reconstruction of such water, sewer and sanitation systems and
facilities; provided, however, that such revenue shall not be used for the acquisition
or construction of new local street sewers or laterals as distinguished from main
trunk, interceptor and outfall sewers.
(Ord. 297B § 1.3, 1975)
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