The moneys of the county derived from such utility system, after bonds or other obligations
have been issued pursuant to this act [article], shall be deposited in one or more
banks or trust companies in a special account or accounts, and shall constitute trust
funds, to be administered solely in accordance with the provisions of the resolution
or resolutions authorizing bonds or other obligations pursuant to this act [article],
and any holder or holders of bonds or other obligations issued pursuant to this act
[article], or the coupons appertaining thereto, shall have a lien on said trust funds
to the extent and in the manner provided in the resolution or resolutions authorizing
the issuance of such bonds or other obligations.
(Ord. No. 14-41, § 39, 10-7-14)
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