Vermont § 1201 - Water Utility Commission

§ 1201. Water Utility Commission

• (a) There shall be a Town of Stowe Water Department that shall be responsible initially
  for continuing the present specific water services in existence and being provided
  on June 30, 1996. (b) The water system taken over from the Village of Stowe and any additions thereto or
  modifications thereof shall be maintained separate from all other departments of the
  Town and no part of the rents and revenues therefrom may be used for any other purpose. (c) Unless otherwise voted by the Town at a Town meeting, all costs of the Water Department
  shall be paid by the users thereof and the annual water rents or charges shall be
  at a rate sufficient to cover annual expenditures, temporary indebtedness, the amortizing
  of bonded indebtedness and interest, and any dedicated (sinking) funds. Prior to the
  setting of the annual budget and annual water rents or charges, the water commissioners
  shall each year hold a public hearing for the purpose of receiving input concerning
  a proposed annual budget and annual water rents or charges for the Water Department.
  The public notice for such public hearing shall be given not less than 15 days prior
  to the date of the public hearing by the publication in a newspaper of general circulation
  in the Town of Stowe and by the posting of the same information in one or more public
  places within the Water Department service area. With specific reference to the legislative
  authority contained in 24 V.S.A. chapter 53, subchapter 2, “Indebtedness for Public Utility Purposes,” sections 1821-1828, the
  Stowe Water Utility Commission is permitted to issue revenue-backed bonds and/or general
  obligation bonds for any capital improvement purpose related to their responsibilities
  to operate such utilities for the benefit of the people of Stowe, provided each such
  issue of bonds is approved by the Selectboard and the voters according to law. (d) The Selectboard of the Town of Stowe shall be the water commissioners and shall have
  the power to adopt and enforce rules, regulations, or ordinances concerning the control
  and operation of such water system in accordance with the powers enumerated in the
  general laws of the State with respect to water works and water supply. (e) The Water Department service area may be enlarged or modified by the Water Commission
  after holding a public hearing on any such proposed enlargement or modification. The
  public notice for each such public hearing shall be given not less than 15 days prior
  to the date of the public hearing by the publication of the date, place, and purpose
  of the hearing in a newspaper of general circulation in the Town of Stowe and by the
  posting of the same information in one or more public places within the Water Department
  service area. (Added 1999, No. M-9 (Adj. Sess.), § 2; amended 2001, No. M-7, § 2, eff. May 21, 2001; 2009, No. M-18 (Adj. Sess.), § 17, eff. May 5, 2010; 2013, No. M-4, § 2, eff. May 8, 2013.)