There is hereby created a Storm Drainage and Surface Water Management Utility and corresponding Surface Water Management Fund for Pierce County. Said Storm Drainage and Surface Water Management Utility shall be administered by the Pierce County Executive as a division of the Department of Planning and Public Works.

The County elects to exercise all lawful powers necessary and appropriate for the construction, acquisition, and condemnation of property rights, maintenance, management, operations and regulations of (1) storm drainage and surface water runoff systems and (2) waters subject to flood conditions from rivers, streams, tidal or other bodies of water including, without limitation, all lawful powers to fix, alter, regulate, and control the charges and conditions for the use thereof.

The Storm Drainage and Surface Water Management Utility is hereby authorized and directed to install temporary construction signs at major project sites which indicate the name of the drainage basin, the amount of the project and its scope.