§ 20-3-215. POWER TO EFFECTUATE PROVISIONS BY ORDINANCE; DISPOSITION OF FUNDS GENERALLY.
Latest version.
The county is hereby authorized and empowered to adopt and pass all needful ordinances,
which shall have the force and effect of law, to carry the provisions of this title
into effect. All assessments and charges collected by the Director of Budget and Finance
of the county shall be deposited as received into a special account or accounts in
one (1) or more banks designated by the county and the sums so deposited, together
with all sums received by the county to the credit of the metropolitan district water
and sewerage funds, after deducting all overhead expenses of the county and all proper
and necessary costs of maintaining and operating the systems, shall be applied by
the county insofar as may be necessary to the payment of current interest on and to
the retirement of such outstanding bonds as may be issued under this article, and
the balance, if any, shall be held or applied for maintenance, construction, or any
other purpose of this article. The change in the method of collecting or enforcing
such annual assessments and charges shall not be so construed as to make any of such
annual assessments and charges subject to the bar of any statute of limitations. This
title is remedial in nature and all of its provisions shall operate retroactively
so that the construction declared in this article and the remedies provided in this
article shall apply to all metropolitan district charges and assessments heretofore
accrued, as well as to all metropolitan district charges and assessments accruing
hereafter.
