§ 5.2. Powers and duties generally; contracts.

Said board shall have the power to create, build, operate, and supply water systems, electrical systems, cable television systems, sewer systems, telecommunications systems, and all other utilities. It shall make all contracts therefor for the city, shall have power to regulate the rates in the city, and shall supply the people of the city with such services at a fair and equitable rate. It shall have power to make any contracts with any other company supplying such services to the city, and to do any and all things necessary to the carrying out of the objects of this article. Said board shall take the proceeds of any bonds sold for the purpose of erecting systems and build and erect such systems to the best advantage of the city, and to this end, if it thinks best and proper, can purchase and acquire any property now owned and operated by any other company.

(Ga. L. 1977, p. 3541, Sec. 5.2; Ga. L. 1994, p. 4267, Sec. 4; Ord. No. 5265, 3/9/94, Sec. 2)