NONREGULATED PRODUCTS AND SERVICES: The provision by Colorado Springs Utilities of products and/or services which are not regulated utility products or services but which leverage an existing asset or competency of Colorado Springs Utilities for purposes of revenue diversification and customer retention. Without limitation, nonregulated products and services include all products and services which Colorado Springs Utilities may provide pursuant to written policies established by City Council sitting as the Utilities Board. (Ord. 98-173; Ord. 01-42)
Pursuant to the City Charter City Council finds and determines that nonregulated products and services are required for the successful operation and financial viability of the City's public utilities, and that Colorado Springs Utilities is authorized to provide nonregulated products and services to its customers 1 . (Ord. 98-173; Ord. 01-42)
Notes
1 | 1. See City Charter subsection 1-20(d). |
All of Colorado Springs Utilities existing and hereafter acquired assets or income producing facilities relating to nonregulated products and services and related purposes are designated as systems necessary for and owned by the citizens of the City of Colorado Springs which shall be operated by Colorado Springs Utilities pursuant to the City Charter 1 . (Ord. 98-173; Ord. 01-42)
Notes
1 | 2. See City Charter section 6-20. |
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