Sec. 118. - Utility rates and charges.

For the purpose of paying the expense of conducting, managing and operating the city utilities, including, by way of example and not by way of limitation, water, sanitary sewer, storm sewer, and electricity service, the city shall, as a condition of supply, charge against and collect from all consumers both public and private, including the various and several city departments and institutions, a charge for utility service rendered. Such rates of charge shall be fixed by ordinance of council. It shall be made in an equitable manner and in such amount as will fully cover the cost of service, including utility debt obligations and interest thereon.

(Amended 11-5-74; renumbered 11-3-98; Ord. No. 1747-2014, 7-21-2014)

Editor's note— Ord. No. 1747-2014, adopted June 21, 2014, amended the title of § 118 to read as set out herein. Previously § 118 was titled water rates and charges.