(a)

1. (1) There shall be established on the books of the Faulkner County Regional Solid Waste Management District a fund to be known as the Waste Hauler Trust Fund.
2. (2) Moneys deposited into this Waste Hauler Trust Fund shall be kept in a separate depository account.

(c)

1. (1) Deposits shall be made until the Waste Hauler Trust Fund reaches twenty-five thousand dollars ($25,000).
2. (2) After that, all waste hauler’s licensing fees shall be deposited into the district’s general funds.
3. (3) If the Waste Hauler Trust Fund balance drops below twenty-five thousand dollars ($25,000), deposits will resume until the Waste Hauler Trust Fund reaches twenty-five thousand dollars ($25,000) again.

(d)

1. (1) Money deposited into the Waste Hauler Trust Fund shall be used exclusively to provide service by another hauler, for a period of thirty (30) days, to any area in which a hauler has abandoned such area of service in which customers have prepaid said hauler.
2. (2) The balance, if any, is to be refunded to the customer.
3. (3) Accumulated interest may be used to promote awareness of rural trash hauling services.
4. (4) In the event it is determined that said Waste Hauler Trust Fund is no longer needed, in whole or in part, then said Waste Hauler Trust Fund shall, with interest (unless expended as authorized herein) be returned to the district’s general funds.

(e)

1. (1) In order to qualify for service using Waste Hauler Trust Fund proceeds, the customer must demonstrate proof of payment.
2. (2) Service will only be provided for the length of time paid for but not received.