HomeMy WebLinkAboutRemoval of Water Works from the Jurisdiction of Indiana Utility Regulatory CommissionAttest
RESOLUTION
NO. 2369 -96
Passed by the Common Council of the City of South Bend. Indiana
June 10, 96
19
Clerk
Attest:��L C A4� President of Common Council.
Presented by me to the Mayor of the City of South Bend,
June 11, 96
19
City Clerk
Approved and signed by me 19 9611_.
FQ
Mayor
RESOLUTION NO. a - 6
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND, INDIANA, SUBMITTING THE QUESTION
OF REMOVAL OF THE WATER WORKS FROM THE JURISDICTION
OF THE INDIANA UTILITY REGULATORY COMMISSION
TO THE REGISTERED VOTERS OF THE MUNICIPALITY
WHEREAS, the City of South Bend provides water service to its
water utility ratepayers through the South Bend Water Works, a
municipal utility governed by I.C. 8 -1.5; and
WHEREAS, currently, all water rates and charges and the
issuance of stocks, bonds, notes, or other evidence of indebtedness
in connection with the provision of water service to the ratepayers
of the City of South Bend must be approved by the Indiana Utility
Regulatory Commission ( "IURC "), the Board of Water Works
Commissioners, Common Council and Mayor; and
WHEREAS, the City has the option of removing itself from the
jurisdiction of the IURC for the approval of rates and charges and
the issuances of stocks, bonds, notes or other evidence of
indebtedness under Indiana Code Section 8- 1.5 -3 -9; and
WHEREAS, the Common Council of the City of South Bend believes
it would be beneficial to the water utility ratepayers of the City
of South Bend to remove the South Bend Water Works from the
jurisdiction of the IURC because it would eliminate the costs and
delays associated with IURC reviews. All decisions concerning just
and reasonable rates and charges and the appropriate issuance of
stocks, bonds, notes or other evidence of indebtedness would
continue to be made by the Common Council, after approval by the
Board of Water Works Commissioners and Mayor.
NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND, INDIANA AS FOLLOWS:
SECTION I. The City Clerk shall certify the following public
question to the St. Joseph County Election Board:
"Shall the municipally owned utility be taken
out of the jurisdiction of the Utility
Regulatory Commission for approval of rates
and charges and of the issuance of stocks,
bonds, notes, or other evidence of
indebtedness ? ".
SECTION II. This
effect from and after its
PRESENTED 6-ID- 'b
NOT APPROVED
ADOPTED 6
resolution shall be in full force and
adoption, by he Common ouncil.
tee-,
Member, South Bend Commo Council