(A) The city shall establish, maintain, and collect reasonable and just rates and charges for the facilities and service afforded and rendered by its waterworks, in accordance with I.C. 8-1.5-3-8.
(B) So long as any of the bonds authorized under § 50.05 remain outstanding, none of the facilities or services afforded or rendered by the waterworks shall be furnished without a reasonable and just charge being made therefor.
(C) The rates or charges so established shall apply to all consumers of the service provided by the waterworks system, including service rendered by the system to the city, and all revenues collected pursuant to this section shall be deemed to be revenues of the waterworks.
(1985 Code, § 6-5-1) (Ord. 100, passed 5-9-1955)