Idaho State Statutes - Idaho Attorney Directory

The council of a city issuing
bonds pursuant to this act shall prescribe and collect reasonable rates, fees,
tolls or charges for the services, facilities and commodities furnished by
such works or rehabilitated existing electrical generating facilities, and
shall revise such rates, fees, tolls or charges from time to time, to provide
that all such works or rehabilitated existing electrical generating facilities
shall be and always remain self-supporting. The rates, fees, tolls or charges
prescribed shall be such as will produce revenue at least sufficient, (a) to
pay when due all bonds and interest thereon for the payment of which such
revenue is or shall have been pledged, charged or otherwise encumbered
including reserves therefor, and (b) to provide for all expenses of operation
and maintenance of such works or rehabilitated existing electrical generating
facilities, including reserves therefor.

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