(A) The municipality owns and operates the municipal electrical system through the Utilities Superintendent.
(B) The governing body, for the purpose of defraying the cost of the care, management and maintenance of the municipal electrical system may each year levy a tax not exceeding the maximum limit prescribed by state law on the actual valuation of all real estate and personal property within the corporate limits that is subject to taxation.
(C) The revenue from the said tax shall be known as the Electrical Fund and shall remain in the custody of the Municipal Treasurer.
(D) The Utilities Superintendent or his or her agent shall have the direct management and control of the municipal electrical system and shall faithfully carry out the duties of his or her office. He or she shall have the authority to adopt rules and regulations for the safe and efficient management of the electrical system subject to the supervision and review of the governing body.
(E) The governing body shall by resolution set the rates to be charged for services rendered and shall file the same in the office of the Municipal Clerk for public inspection at any reasonable time.
(Neb. RS 17-902 through 17-904, 17-906, 17-909) (2000 Code, § 3-302)