a. The purpose of this Subchapter shall be to provide for the proper operation and administration of the electric system and the water and sewer systems of the City in a business-like manner, free from political involvements and influence in order that the most efficient services may be rendered in a fair and equitable manner to all citizens of the City at the lowest possible rates consistent with good business practice and the general welfare of the people.
b. The Board of Commissioners hereby reaffirms its declaration, desire and intention to accept and operate the City electric distribution plant and system acquired under an agreement between the Tennessee Valley Authority, the City of Bowling Green and others, dated May 13, 1942, under the provisions of KRS 96.550 through 96.900 and does hereby accept and agree to all the provisions of the act which are hereby incorporated herein and made a part hereof.
(Ord. BG80-63, S27-16, 7/15/80)