Sec. 13-8-10.   Establishment of Enterprise.
   There is hereby reaffirmed, pursuant to the terms and provisions of the Water Activity Law (Title 37, Article 45.1, C.R.S.), the "City of Creede Water and Sewer Activity Enterprise" (the "Enterprise"). The Enterprise shall be wholly owned by the City and shall consist of the business represented by all of the City's water and sewer facilities and properties now owned or hereafter acquired, whether situated within or without the City boundaries, including all present or future improvements, extensions, enlargements, betterments, replacements or additions thereof or thereto (the "System"). The Enterprise shall have all of the authority, powers, rights, obligations and duties as may be provided or permitted by the Water Activity Law and the Colorado Constitution and as may be further prescribed by resolution of the City.
(Ord. 348 §1, 2009)