Sec. 5. (a) A municipality may adopt an ordinance establishing a sewer improvement and extension fund to finance the construction, repair, extension, or improvement of a sewage works.

     (b) A fund consists of the following:

Terms Used In Indiana Code 36-9-39.1-5

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • fund: refers to a sewer improvement and extension fund established under section 5 of this chapter. See Indiana Code 36-9-39.1-3
  • Statute: A law passed by a legislature.
(1) A special assessment imposed and collected under section 7 of this chapter. However, a special assessment imposed and collected under any other statute may not be deposited in the fund.

(2) An appropriation to the fund, including an appropriation made from taxes levied by a municipal legislative body for the construction, repair, extension, or improvement of a sewage works.

As added by P.L.169-2006, SEC.82.

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