(a) The Village Administrator may consider electrical extensions and to expend Village electric fund money to potential customers whose service would be adjacent and contiguous with the corporate limits. Proposals shall be approved by motion and vote of Council.
(b) The Village Administrator will consider electrical extensions, beyond corporate limits outside the parameters of subsection (a) hereof. The prospective customer must provide an economic analysis including construction costs, consumption estimates, equipment costs and other applicable information that may be required by the Village. The Village Administrator is authorized to enter into a contract which would provide a guarantee of electrical consumption to cover the Village’s capital investment. Proposal and contracts must be approved by Council motion and vote. (Ord. 28-87. Passed 5-4-87.)