§ 86-100. Establishment of a stormwater utility.

(a)

The City of Fayetteville, Georgia (hereinafter referred to as the "city") hereby establishes a stormwater management utility (hereinafter referred to as the "utility") within the city which shall be responsible for creating revenue for stormwater management throughout the city's corporate limits, and shall provide for the management, protection, control, regulation, use and enhancement of stormwater systems and facilities. The utility shall be under the operational direction of the City of Fayetteville city manager. The corporate limits of the city, as increased from time to time, shall constitute the boundaries of the utility's district.

(b)

The city shall establish a water, sewer and stormwater enterprise fund in the city budget and accounting system, separate and apart from its general fund, for the purpose of dedicating and protecting all funding applicable to the purposes and responsibilities of the utility. all revenues and receipts of the utility shall be deposited promptly upon receipt into the water, sewer and stormwater enterprise fund, to be held and invested in trust for the purposes of the utility, including, but not limited to operational actions, capital project construction, or payment of bonds funding capital projects.

(Ord. No. 0-1-04, art. I, 1-15-04)