§ 8-1.5-5-16 — Charge for services in a municipality; deposit of funds

Indiana § 8-1.5-5-16

• Jurisdiction: Indiana
• Art. 1.5: MUNICIPAL UTILITIES
• Ch. 5: Department of Storm Water Management

Text

(a) This section applies to a municipality.
(b) The reasonable cost and value of any service rendered to the
municipality by the storm water system by furnishing storm water
collection and disposal shall be:
(1) charged against the municipality; and
(2) paid for as the service accrues out of:
(A) the current revenues of the municipality, collected or in
process of collection; or
(B) the tax levy of the municipality made by it to raise money
to meet its necessary current expenses.
(c) The compensation for the service provided to the municipality
shall, in the manner prescribed by this chapter, be treated as revenues
of the system and paid into the funds created under this chapter.

Legislative History

As added by P.L.125-1987, SEC.1. Amended by P.L.282-2003, SEC.13.