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Ordinance 1006 - FAILED ON 1ST READING - Deposit Sewer Money into Sewerage System Fund9 e� L] 1 ORDINANCE NO. 1006 AN ORDINANCE AMENDING SECTION 2.06 OF ORDINANCE NO. 862, KALISPELL CITY CODE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, MONTANA, AS FOLLOWS: SECTION, I. That Section 2.06 of Ordinance No. 862 of the Kalispell City Code shall be amended to read as follows: 2.06 Deposit_ of Collections. All collections of the storm sewer chargeshall be deposited in the Sewerage System Fund of the City of Kalispell. The City.Finance Director shall deposit so much of said fund as is necessary into a Revenue Bond Account, to be used to make payments of Principal and Interest on the Storm Sewer Revenue. Bonds. The balance of the fund may be used for maintenance, repair, improvement or replacement of said Storm Sewer System, as necessary. SECTION II. All ordinances and sections of ordinances in conflict herewith are hereby repealed. SECTION III. The remainder of Ordinance No. 862 remains in full force and effect as originally adopted. PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, MONTANA, AND APPROVED BY THE MAYOR THIS _ DAY OF , 1982. By ATTEST: LeRoy E. McDowell, Mayor Marjorie Giermann, City Clerk -Treasurer