(a) The municipal water system taken over from the former Village of Richford and any additions thereto shall be maintained separate from all other departments of the Town, and all rents and revenue therefrom not necessary for current expenditures therefore shall be placed in a special fund, no part of which may be used for any other purpose.

(b) The municipal sewage system, not including the separate storm drain pipe lines, taken over from the former Village of Richford and all extensions thereto shall be maintained separate from all other departments of the Town, and all rents and revenues therefrom not necessary for current expenditures therefore shall be placed in a special fund, no part of which may be used for any other purpose.

(c) All costs required to support the municipal Water and Sewer Departments shall be assessed against the properties receiving said service, at a rate to be determined by the Selectboard. Any unpaid assessment shall be a lien as provided in Title 24 of Vermont Statutes Annotated. (Added 1997, No. M-11 (Adj. Sess.), § 2, eff. Jan. 1, 1999.)