Section 471A.11 Regulation of Rates and Charges and Public Utility Laws
471A.11 REGULATION OF RATES AND CHARGES AND PUBLIC UTILITY LAWS.
A municipality may regulate by ordinance, contract, or otherwise the rates and charges imposed by the private vendor with respect to any capital intensive public services provided to the public under the service contract. Whether or not the imposition of such rates and charges is so regulated, no capital intensive public services provided under the service contract are subject to regulation under the provisions of chapter 216B, unless the municipality elects to subject the services to regulation under that chapter. An election for regulation may be made by resolution of the governing body of the municipality requesting regulation and filing the resolution with the state public utilities commission.
History:
1986 c 465 art 4 s 12; 1994 c 465 art 1 s 55