Connecticut Statutes
§ 25-92 — Segregation and use of assessment funds.
Connecticut·Title 25 Water Resources. Flood and Erosion Control·Ch. 477 Flood Control and Beach Erosion
The proceeds of such assessments, whether or not pledged for the payment of securities, shall be segregated from other funds of the municipality and shall be used only to pay for the construction, reconstruction, repair, maintenance, supervision, operation or management of the flood prevention, climate resilience and erosion control system or particular portion thereof in respect to which such assessments are made or, as the case may be, for the payment of the interest on or principal of any securities issued to pay for such system or particular portion thereof.
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Legislative History
(1955, S. 2391d; P.A. 21-115, S. 8.) History: P.A. 21-115 added provision re repair, maintenance, supervision, operation or management of system and changed “flood or erosion control system” to “flood prevention, climate resilience and erosion control system”, effective July 1, 2021.
Nearby Sections
15
§ 25-102aa
Legislative finding.§ 25-102b
Definitions.§ 25-102bb
Definitions.§ 25-102c
Conservation zone designated.§ 25-102cc
Conservation zone designated.§ 25-102ee
Staff. Funds. Termination.