19-2661. Same; fees and charges; fund, use; expenses from general fund, when.
19-2661
19-2661. Same; fees and charges; fund, use; expenses from general
fund, when.
If no revenue bonds are outstanding the board of county commissioners
may establish a schedule of fees and charges for the use of such facility
and all moneys received therefrom shall be placed in a fund to be known as
the refuse disposal fund and shall be used only for the purpose of paying
for the operation of such disposal facility, for the making of repairs or
replacements or construction of additional facilities at such site or the
replacement of equipment. At any time that there may be a surplus in such
fund and there are outstanding general obligation bonds, such surplus shall
be placed in a sinking fund which shall only be used for the purpose of
redeeming bonds which were issued for the acquisition or improvement of
such facility or equipment used in connection therewith.
If revenue bonds are issued the board of county commissioners shall
establish a schedule of fees and charges for the use of the facility to
produce revenue sufficient to pay the bonds and interest, and any revenue
over and above the amount necessary to pay the revenue bonds and interest
each year may be used for the operation of the facility and for maintenance
and improvements of and related to such facility. The revenue shall be
placed in a refuse disposal fund. If the revenue is not sufficient to
provide for operation, maintenance and improvement after bond and interest
payments are made, such operation, maintenance and improvement expense
shall be paid from the general fund of such county.
History: L. 1967, ch. 161, § 4; July 1.