(A) Pursuant to I.C. 8-1-2-103(d), the costs for the production, storage, transmission, sale, delivery, and furnishing of water for public fire protection purposes (public fire costs) shall be included in the basic rates and charges of all customers of Indiana-American located within the town in the manner and to the extent permitted by such statute.
(B) Effective upon the date of this change in the manner of recovering public fire costs, Indiana-American shall cease directly billing the town or its designee for public fire costs.
(C) Notwithstanding this change in the recovery of public fire costs, the construction cost of any fire hydrants installed at the request of the town shall continue to be paid for by or on behalf of the town.
(D) The change in the method of recovering public fire costs contained in I.C. 8-1-2-103(d) shall be effective upon the first day of the first month following approval by the IURC of a new schedule of rates implementing the change. Indiana-American is requested to file such revised rate schedules with the IURC within a reasonable time after being notified of the final passage of this section.
(E) Notice of the adoption of this section and a copy of this section shall be provided by the Clerk of the town to Indiana-American.
(Ord. 100, passed 8-20-2002)