Section 27-163 Source of funds; how limited.
Prior to the adoption of Ord. 20065 on 09/15/2008, Section 27-163 read as follows.
The super saver energy conservation loan
s and energy efficiency and solar rebate
shall be instituted and maintained solely from funds within or borrowed by the
enterprise fund of 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; provided, however, that nothing herein shall be deemed to
prevent use of the designated loan fund to loan initial principal for the program to the water and
light enterprise fund.
(Code 1964, § 15.910; Ord. No. 13794, § 1, 9-7-93)