(A) All public utilities under this appendix are authorized to enter into reasonable contracts with the owner or owners of all or substantially all of the lots in a subdivision or parcels of land in an area within the utility's service area for the purpose of furnishing water or sewer service, or both, to any subdivision or area. Any proposed contract shall either conform to the terms and conditions prescribed by rules approved by the City Commission, or first be submitted to and approved by the City Commission. No contract shall be approved by the City Commission that is contrary to the public interest or would adversely affect the utility's ability to render adequate and efficient service to its existing customers.
(B) The provisions of this section shall not apply to, nor affect, any bona fide contract or agreement entered into and delivered prior to February 12, 1975; and in respect to these contracts, the provisions of this appendix governing the regulation of rates and charges shall apply only to rates and charges for service after the installation and connection of the facilities of the public utilities made under the prior contracts.
(Ord. 241, passed 11-27-85)