(a) The City of Takoma Park shall:
- (1) establish a stormwater management fund; and
(2) deposit in the fund:
- (i) receipts and revenues from any ad valorem tax, user charge, or utility fee imposed under § 21-625 of this subtitle; and
- (ii) charges, fees, fees-in-lieu, and other contributions received from any person or governmental unit in connection with stormwater management activities or practices.
- (b) Money in the Takoma Park stormwater management fund shall be used only to pay for the costs of stormwater management as set forth in § 21-625(a) of this subtitle.
Added by Acts 2013, c. 119, § 2, eff. Oct. 1, 2013.