Title and all other incidents of ownership of the following assets are vested in the water and sewer utility:

All properties, interests, and physical and intangible rights of every nature owned or held by the city, however acquired, insofar as they relate to or concern storm or surface water runoff. (Ord. M-4359 § 3, 2021; Ord. M-4022 § 38, 2012; Ord. M-3145 § 1, 1994)