12.8.101: DEFINITION:

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)

12.8.102: LEGISLATIVE FINDINGS:

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).

12.8.103: DESIGNATION AS SYSTEM:

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.

12.8.104: LIEN AND PLEDGE FOR BONDING PURPOSES:

All of Colorado Springs Utilities existing or hereafter acquired assets or income producing facilities used for the provision of nonregulated products and services and other related purposes shall be part of CSU's "System" to which the lien and pledge provided in the bond ordinances for the City of Colorado Springs Utilities' outstanding and hereafter issued revenue bonds will apply. (Ord. 98-173; Ord. 01-42)

12.8.105: PRICING OF NONREGULATED PRODUCTS AND SERVICES:

The Chief Executive Officer is authorized to determine and set prices for all nonregulated products and services. The provisions of section 12.1.108 of this chapter do not apply to pricing of nonregulated products and services. (Ord. 98-173; Ord. 01-42; Ord. 18-42)