Section 27-163 Source of funds; how limited.


         The loans and rebate programs shall be instituted and maintained solely from funds within, borrowed by the enterprise fund of the water and light utility, or received from grants to the water and light utility. No general revenue funds, nor any other form of public monies, shall be used by or lent to any private person or business entity under the loan program, but rather such funds as are used shall flow from and be guaranteed by the enterprise fund of the water and light utility.

(Code 1964, § 15.910; Ord. No. 13794, § 1, 9-7-93; Ord. No. 20065, § 1, 9-15-08; Ord. No. 20582, § 1, 03-15-10)


(Ord. 20582, Amended, 03/15/2010, Prior Text; Ord. 20065, Amended, 09/15/2008, Prior Text)