§ 26. Application of sewerage management
The rents and receipts of said corporation for the use of sewerage shall first be applied to pay the annual principal and interest as it becomes due upon sewerage bonds issued by said corporation, and whenever such rents and receipts shall exceed the amount required to pay such principal and interest, and the interest of any other sewerage bonds of said corporation to pay such excess, in the necessary repairs, management, and addition to said sewerage; and the balance of such excess, if any, shall be applied to Sewerage Department operations for ensuing years. Any deficit shall also be applied to Sewerage Department operations for ensuing years.
Structure Vermont Statutes
Title 24 Appendix - Municipal Charters
Chapter 207 - Village of Bellows Falls
App § 3. Boundaries and general powers
App § 4. Meetings and warnings
App § 5. Elected officers’ terms and vacancies
App § 6. Board of Trustees’ duties
App § 10. Treasurer’s and Collector’s duties
App § 13. Bylaws and regulations
App § 14. Penalties; charter and bylaws
App § 21. Application of water management
App § 23. Streets and sidewalks
App § 26. Application of sewerage management