SECTION 11.02.  RATES AND FINANCES.
   The Council shall by resolution fix rates, fares and prices for municipal utilities, but such rates, fares and prices shall be just and reasonable. The Council shall endeavor to make each municipal utility financially self-sustaining. Before any rates, fares or prices for municipal utilities shall be fixed by the Council, the Council shall hold a public hearing on the matter in accordance with Section 11.06 of this Chapter. The Council shall prescribe the time and the manner in which payments for all such utility services shall be made, and may make such other regulations as may  be necessary, and prescribe penalties for violation of such regulations.
(Amended)