Separate capital expansion fee trust funds for water, wastewater and irrigation fees and use of fees collected.
Cape Coral Code of Ordinances § 2-24.4
in effect§ 2-24.4 - Separate capital expansion fee trust funds for water, wastewater and irrigation fees and use of fees collected.
(a) There is hereby established a water capital expansion fee trust fund, a District 1 Wastewater Capital Expansion Fee Trust Fund, a District 2 Wastewater Capital Expansion Fee Trust Fund and an irrigation capital expansion fee trust fund for monies collected by imposition of the water, wastewater and irrigation system utility capital expansion fee. All payments of fees for water connections, wastewater and irrigation connections, shall be deposited into the appropriate fee fund.
(1) The monies in the water fee funds shall be used solely for the cost of expanding the system as described in § 2-23(a) above and may not be used for the cost of operation, maintenance, repair, replacement, rehabilitation, renewal or upgrading of the existing system to meet the service needs of existing users.
(2) The money in the District 1 wastewater fee fund shall be used solely to pay for the cost of the expansion of the system in District 1 as described in § 2-23(a) above and shall not be used for the costs of operation, maintenance, repair, replacement, rehabilitation, renewal or upgrading of the existing system to meet the service needs of existing needs. The money in District 2 Wastewater Fee Fund shall be used solely to pay for the cost of the expansion of the system in District 2 as described in § 2-23(a) above and shall not be used for the costs of operation, maintenance, repair, replacement, rehabilitation, renewal or upgrading of the existing system to meet the service needs of existing needs.
(3) The money in the irrigation fee fund shall be used solely to pay for the cost of the expansion of the system as described in § 2-23(a) and shall not be used for the costs of operation, maintenance, repair, replacement, rehabilitation, renewal or upgrading of the existing system to meet the service needs of existing needs.
(4) Trust funds may also be used to retire revenue bonds issued for the above-stated capital improvements to the water, sewer and irrigation systems.
(Ord. 71-97, 9-29-1997; Ord. 137-04, 11-8-2004, effective date 1-1-2005) (Ord. 71-97, 9-29-1997; Ord. 137-04, 11-8-2004, effective date 1-1-2005) (Ord. 71-97, 9-29-1997; Ord. 137-04, 11-8-2004, effective date 1-1-2005) (Ord. 48-85, § 1, 6-17-1985; Ord. 71-97, 9-29-1997; Ord. 137-04, 11-8-2004, effective date 1-1-2005; Ord. 5-07, 2-5-2007)
Source: City of Cape Coral, Florida, Code of Ordinances, City Charter and Land Development Code (Municode Library, library.municode.com)URL: https://library.municode.com/fl/cape_coral/codes/code_of_ordinances?nodeId=CH2AD_ARTIIFE_DIV2UTCAEXFE_S2-24.4SECAEXFETRFUWAWAIRFEUSFECOFetched: 11/4/2026