Kenai Peninsula Borough |
Code of Ordinances |
Title 5. REVENUE AND FINANCE |
Chapter 5.35. SPECIAL ASSESSMENTS—PUBLIC UTILITIES |
§ 5.35.170. Return of excess funds.
Latest version.
Any and all funds collected from assessments levied fora specific project which exceed the actual total expenditures made by the borough on the project; and, any and all funds returned to the borough by the utility as a refund of expenditures made by the borough on a specific project, shall either be returned to the owners of record of the assessed properties on a pro rata basis or applied to the outstanding debt, in the manner provided by the ordinance of assessment.
(Ord. No. 96-38, § 5, 1996; Ord. No. 94-26, § 1(part), 1994)