There shall be a Public Utilities Board consisting of seven members. The Public Utilities Board shall have the power and duty to:
(a) Make recommendations to the City Council for the operation and conduct of the water and electric utilities.
(b) Make recommendations to the City Council concerning the establishment of rates, rules and regulations for the operation of the water and electric utilities.
(c) Conduct all public hearings for the water and electric utilities including those for the consideration of utility rates, and make appropriate recommendations to City Council on the adoption, amendment, or repeal of water and electric rates.
(d) Make recommendations to the City Council concerning financial matters including the issuance of bonds for the water and electric utilities.
(e) Consider and review the annual budget for the water and electric utilities during the process of their preparation and make recommendations concerning it to the City Council and the City Manager.
(f) Consider and review the acquisition, reliability, improvements, extension, enlargement, diminution, or curtailment of all or any part of the water and electric utilities, and make appropriate recommendations to the City Council.
(g) Perform such other duties as may be prescribed by ordinance or resolution of the City Council not inconsistent with the provisions of this Charter. (Added June 3, 2014, filed by Secretary of State September 3. 2014.)