The grantor reserves the right, at its discretion, from time to time, to determine if the entity described in § 114.087 is performing its purpose in a manner satisfactory to the grantor, and if it is not, the grantor may receive and reallocate all or a portion of the system’s capacity, operations appropriation, and capital appropriation, including any facilities and equipment purchased previously with such appropriation, to another entity. A new entity shall be required to comply in all respects with the legal responsibilities described in § 114.087.
(2011 Code, § 14.12.040)