§ 43.14.7. ESTABLISHMENT OF RATES AND CHARGES.  


Latest version.
  • In accordance with Charter Section 8B.125, the City, including, without limitation, the Commission, shall fix, establish, maintain, approve, and collect rates and charges for electric power and energy and other services, facilities, and commodities sold, furnished or supplied through the facilities of the Power Enterprise, including on, for, and from the City and its departments, agencies and commissions, to provide the Power Enterprise Revenues sufficient (a) to pay all costs and expenses of the Power Enterprise, including, without limitation, debt service on Bonds, (b) to provide appropriate reserves therefor, and (c) to satisfy the debt service coverage and other requirements under the applicable Trust Indenture.
    (Added by Ord. , File No. 150078, App. 4/2/2015, Eff. 5/2/2015)