(a)This subsection applies to a municipality
that is not subject to IC 8-1-2-103(c) or has not adopted an ordinance
to become subject to IC 8-1-2-103(d). The reasonable cost and value
of any service rendered to the municipality by the waterworks by
furnishing water for public purposes or by maintaining hydrants and
other facilities for fire protection shall be:
(1)charged against the municipality; and
(2)paid for in monthly installments as the service accrues out of
the current revenues of the municipality, collected or in process
of collection, and the tax levy of the municipality made by it to
raise money to meet its necessary current expenses.
(b)This subsection applies to a municipality that is subject to IC 8-1-2-103(c), that has adopted an ordinance to become subject to IC 8-1-2-
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(a) This subsection applies to a municipality
that is not subject to IC 8-1-2-103(c) or has not adopted an ordinance
to become subject to IC 8-1-2-103(d). The reasonable cost and value
of any service rendered to the municipality by the waterworks by
furnishing water for public purposes or by maintaining hydrants and
other facilities for fire protection shall be:
(1) charged against the municipality; and
(2) paid for in monthly installments as the service accrues out of
the current revenues of the municipality, collected or in process
of collection, and the tax levy of the municipality made by it to
raise money to meet its necessary current expenses.
(b) This subsection applies to a municipality that is subject to IC 8-1-2-103(c), that has adopted an ordinance to become subject to IC 8-1-2-103(d), or that has adopted a plan described in IC 8-1-2-103(d)
as prescribed in IC 8-1-2-103(e). The reasonable cost and value of any
service rendered to the municipality by the waterworks by furnishing
water for public purposes shall be:
(1) charged against the municipality; and
(2) paid for in monthly installments as the service accrues out of
the current revenues of the municipality, collected or in process
of collection, and the tax levy of the municipality made by it to
raise money to meet its necessary current expenses.
Except as provided in subsection (d), the cost and value of maintaining
hydrants and other facilities for fire protection shall be excluded from
the charges against the municipality and shall be recovered from the
other customers of the waterworks beginning on January 1, 1994, in a
municipality subject to IC 8-1-2-103(c) and beginning on a date
provided in the ordinance for a municipality that adopts an ordinance
under IC 8-1-2-103(d). The change in the recovery of current revenue
authorized by this section shall be reflected in a schedule of new rates
to be filed with the commission at least thirty (30) days before the time
the schedule of new rates is to take effect.
(c) The compensation for the service provided to the municipality
shall, in the manner prescribed by this chapter, be paid into the separate
and special fund created by setting aside the income and revenues of
the waterworks and is subject to apportionment to the operating,
maintenance, depreciation, and bond and interest redemption accounts.
(d) This subsection applies to a city having a population of more
than fifty-one thousand (51,000) and less than fifty-three thousand
(53,000). The cost and value of maintaining hydrants and other
facilities for fire protection may be recovered from customers of the
waterworks residing in either of the following, beginning on a date
determined by the city:
(1) In a county having a population of more than two hundred
fifty thousand (250,000) and less than three hundred thousand
(300,000).
(2) In a township having a population of more than nine thousand
(9,000) and less than ten thousand (10,000) located in a county
having a population of more than two hundred thousand
(200,000) and less than two hundred fifty thousand (250,000).
The city shall file a new schedule of rates with the commission as set
forth in subsection (b), but is not subject to commission approval of the
rates.
As added by Acts 1982, P.L.74, SEC.1. Amended by
P.L.93-1993, SEC.2; P.L.80-1997, SEC.18; P.L.133-1998, SEC.1;
P.L.170-2002, SEC.61; P.L.119-2012, SEC.85; P.L.104-2022,
SEC.61.