Deposit in Segregated Account/Use/Accounting. Any payments of contract front-foot charges made by the Village to the Racine Utility pursuant to this Section 9 shall be deposited by the Racine Utility in an interest-bearing segregated account and shall be used by the Racine Utility only to pay Future Growth Costs. The funds in such account shall be accounted for separately in the annual financial audit performed pursuant to Section 23 of this Agreement. The Racine Utility shall only be required to maintain a single segregated account in which to deposit payments of contract front-foot charges made by any of its Municipal Retail Customers.
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Deposit in Segregated Account/Use/Accounting. Any payments of contract front-foot connection charges pursuant to this Section 10 made by the Village to the Racine Utility pursuant to this Section 9 shall be deposited by the Racine Utility in an interest-bearing segregated account and shall be used by the Racine Utility only to pay Future Growth Costs. The funds in such account shall be accounted for separately in the annual financial audit performed pursuant to Section 23 of this Agreement. The Racine Utility shall only be required to maintain a single segregated account in which to deposit payments of contract front-foot connection charges made by any of its Municipal Retail Customers.
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