A board, which is to be known as the “Advance Utility Board”, consisting of the members of the municipal legislative body (Town Council), is hereby created, which Board shall operate and manage the town’s Electric Utility and the town’s Water Works Utility. The Board shall have all the power, authorities and duties conferred upon such board by Pub. Law No. 74, § 1 of Indiana Acts or the Acts of the General Assembly of 1982 and amendments thereto, including the power to employ legal counsel to represent and advise the Board, at such compensation as shall be determined by the Board.
(Prior Code, § 2-3-2) (Ord. 83-2, passed - -1983)