(A) The business of the water utility shall be vested in the Town Water Utility Board separate and apart from the Town Council.
(B) The Town Water Utility Board shall be composed of all members of the Town Council.
(C) The Water Utility Board shall conduct water utility business at each regularly scheduled Town Council meeting and other times as the Board deems necessary.
(D) The President of the Town Council shall serve as President of the Water Utility Board. The President shall conduct all meetings and, by virtue of his or her position, conduct the regular business of the water utility. Further, the President shall be empowered to sign all reasonably necessary documents to bind the water utility in the water utility’s everyday business; however, the President may not borrow money, acquire real estate, enlarge the infrastructure of the utility or make capital expenditures without the consent of the Town Council. The Clerk-Treasurer shall serve as Secretary of the Water Utility Board. The Secretary shall keep the minutes of all the Board meetings.
(E) All action taken by the Utility Board shall be by consensus with a quorum present. All meetings of the Board shall be public meetings, as defined under state law, and subject to I.C. 5-14-1.5, the state public information and Open Door Acts.
(F) In addition to running the day to day business of the utility, the Board also has the power to determine policies not contrary to this chapter by resolution.
(G) The Board is hereby, by resolution and/or practice, empowered to delegate its authority to the employees of the utility or the Town Clerk-Treasurer in the performance of the everyday business of the utility.
(H) The Board has the power to employ such employees as it shall deem necessary to conduct the business of the utility at such rates of compensation as it shall deem reasonable as well as provide such welfare benefits consistent with all other full-time town employees. All employee compensation and welfare benefits must be approved by the Town Council.
(I) The Town Water Utility Board is specifically, among other things, authorized to delegate to the Town Clerk-Treasurer the power to hold and manage all utility bank accounts, manage customer accounts, handle applications for service, and collect delinquent accounts, as well as such other acts as the Board may deem reasonable and permissible under state law. Delegation may be by practice or resolution. It shall be the duty of the Town Clerk-Treasurer to pay all regular and normal bills of the water utility, including, but not limited to, payroll and furtherance thereto he or she shall have check-writing power and control over water utility accounts both checking and savings.
(J) The Board may do all acts reasonably necessary to run the water utility, except as provided herein.
(Ord. 2010-2, passed 6-7-2010; Ord. 2015-03, passed 4-13-2015)