If any utility now operated by the City shall be operated by or leased to another operator pursuant to an agreement with the City, the Council may establish a commission which shall from time to time fix the rates to be charged by the operator in accordance with standards contained in the agreement.

ANNOTATION

Sources: No specific source.

Purposes: The creation by the Council of rate commissions, similar to the Gas Commission, is authorized should any utilities presently operated by the City be operated by or leased to private operators by agreement with the City and should the creation of any such agencies be deemed desirable at the particular time.