§ 53.01 OWNERSHIP.
   The city owns and operates the city electrical system through the Director of Public Works. The City Council, for the purpose of defraying the cost of the care, management, and maintenance of the city electrical system, may each year levy a tax not exceeding the maximum limit prescribed by state law, on the actual valuation of all real estate and personal property within the corporate limits that is subject to taxation. The revenue from the tax shall be known as the Electrical Fund and shall remain in the custody of the City Clerk/Treasurer. The Director of Public Works shall have the direct management and control of the city electrical system and shall faithfully carry out the duties of his or her office. He or she shall have the authority to adopt rules and regulations for the safe and efficient management of the electrical system subject to the supervision and review of the City Council. The City Council shall by resolution set the rates to be charged for services rendered and shall file the same in the office of the City Clerk/Treasurer for public inspection at any reasonable time.
(Neb. RS 17-902 through 17-904, 17-906, and 17-909) (1973 Code, § 3-1001)