12-880. Same; rates and charges for sale of gas.
12-880
12-880. Same; rates and charges for sale of gas.
The city or the authority shall fix rates and charges for the sale of
natural gas provided by the system which shall be at all times sufficient
in the aggregate to provide revenues (a) for the payment of the interest on
and principal of all bonds and other obligations payable from said revenues
and to meet all other charges upon such revenues as provided by any trust
agreement executed by the city or the authority in connection with the
issuance of bonds under this act, and (b) for the payment of all operating
costs and all other costs and charges incidental to the operation of the
system.
History: L. 1974, ch. 260, § 11; March 18.