§ 2-11.23. Use of utility tax and franchise fee revenues.

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Revenues which the County receives from the collection of the utility tax and franchise fee in the unincorporated area of the County shall not be bonded, pledged or used as collateral for debt issued by the County other than in conjunction with projects and activities which are exclusively for the use of residents of the unincorporated area of the County. This ordinance shall not apply to existing bonds nor their refinancings or refundings.

(Ord. No. 96-36, § 1, 2-20-96)

Editor's note

Ord. No. 96-36, § 1, adopted Feb. 20, 1996, amended the Code by the addition of provisions which have been designated at the discretion of the editor as § 2-11.23.

                    
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