There is established and created within the water fund a fund to be known as the “water system development fund.” (Ord. 3188 § 1 (part), 2004)

The water system development fund is established for the purpose of funding, including funding for debt service, water system improvements (or dedicated water system improvements) which are necessary to increase the service capacity or to replace existing capacity in the department’s water system to serve new water consumers or additional demand by existing consumers. (Ord. 3188 § 1 (part), 2004)

Unless otherwise expressly stated or unless the context indicates a different meaning, for the purposes of this chapter the following words and terms shall be defined as follows:

“Department” means the department of water supply of the County.

“Director of finance” means the director of the department of finance of the County. (Ord. 3188 § 1 (part), 2004)

A. All water system development fees as set forth in the annual budget ordinance shall be deposited into the fund.

B. The director of finance shall establish a separate account to record all revenues credited to and expenditures made from, the fund.

C. Appropriations from the fund shall be by ordinance. (Ord. 3188 § 1 (part), 2004)