All proceeds arising from the collection of assessments levied under the provisions of this division shall, as soon as collected, be deposited and shall be kept by the city or town official charged with the duty of collecting assessments in some bank or banks paying interest on time deposits to be designated by the council. Said collections shall not be deposited with the general funds of the city or town but shall constitute a separate deposit to the account of "public bond sewerage fund" and shall be drawn out on check or order, and the council may pass the proper ordinances and regulations requiring countersignature of said check or order.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 50 - Public Utilities.
Article 3 - Acquisition, Operation, etc., of Sewers or Sewer Systems by Municipalities Generally.
Division 2 - Purchase of Sanitary Sewers or Sewer Systems and Assessments Therefor.
Section 11-50-70 - "Council" Defined.
Section 11-50-71 - Authorized.
Section 11-50-73 - Filing of Maps, Profiles, etc., in Office of Engineer for Public Inspection.
Section 11-50-76 - Publication of Ordinance or Resolution.
Section 11-50-78 - Payment of Portion of Costs of Purchase by Council; Costs of Purchase Specified.
Section 11-50-79 - Assessment of Cost of Sewers or Sewer System Against Abutting Lands Authorized.
Section 11-50-82 - Effect and Correction of Defects or Errors in Notice.
Section 11-50-83 - Filing of Written Objections, etc., to Proposed Assessments by Property Owners.
Section 11-50-84 - Hearing Upon Objections, etc., to Assessments.
Section 11-50-85 - Fixing of Amount of Assessments by Council and Effect Thereof.
Section 11-50-86 - Assignment and Transfer of Assessment Liens.
Section 11-50-87 - Enforcement of Assessment Liens in Circuit Court.
Section 11-50-88 - Effect of Enforcement of Tax Liens Upon Property Upon Assessment Liens.
Section 11-50-90 - Appeals From Assessments.
Section 11-50-91 - Payment of Assessments Generally.
Section 11-50-95 - Redemption of Property After Sale.
Section 11-50-96 - Issuance of Bonds to Pay for Sewers or Sewer System Authorized Generally.
Section 11-50-97 - Making of Loans and Issuance of Bonds to Pay for Sewers or Sewer System.
Section 11-50-98 - Form, Terms, Denominations, etc., of Bonds; Execution, Sale, etc., Thereof.
Section 11-50-99 - Disposition of Proceeds From Sale of Bonds.
Section 11-50-100 - Payment and Redemption of Bonds Generally.
Section 11-50-103 - Maintenance of Account and Disbursement of Proceeds From Assessments Generally.
Section 11-50-104 - Deposit of Assessment Proceeds in Bank; Manner of Withdrawal Thereof.
Section 11-50-105 - Use of Proceeds to Redeem Bonds and Coupons; Disposition of Excess.
Section 11-50-106 - Refunding of Excess Assessments - Authority and Procedure Generally.