(A) The Municipal Utility Commission shall have the power and authority to do any and all acts necessary and proper in connection with the management and operation of the two utility systems to purchase or contract to purchase in the manner prescribed by law, all supplies and materials for the operation and maintenance of said utility systems; and to cause to be performed all work necessary in connection therewith, provided there are proper funds legally usable for such purposes under the state statutes relating to municipally owned utilities, and under the city’s ordinances to the respective utility.
(B) The Commission shall select such employees as may be necessary for the conduct of its business, subject to the qualifications and inhibitions set out in this subchapter; and shall fix the compensation to be paid to its employees, having in mind, however, the funds available therefor.
(C) If any employee shall be entrusted with the handling of money, such employee shall be required by the Commission to give bond with good surety in a penal sum not less than the maximum estimated amount which is anticipated such employee may have in his or her custody at any one time, and the premiums for any corporate surety in connection therewith shall constitute a proper operating cost and may be paid from funds available for such cost; or the Commission may arrange for a blanket bond covering all employees if such procedure appears to be advantageous and more economical.
(1995 Code, § 35.057) (Ord. passed 6-5-1958)