Sec. 5. (a) The board shall budget and appropriate annually to the fund an amount equivalent to ten percent (10%) of the annual cost of maintenance for the works of improvement as the cost is: (1) stated in the district plan; or (2) adjusted under section 8 of this chapter. (b) Money accumulated in the fund may be used for emergency or unusually expensive maintenance of the works of improvement. [Pre-1995 Recodification Citation: 13-3-3-89(b).]
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