AN ORDINANCE AUTHORIZING AND DIRECTING THE COMBINATION OF THE CITY OF OSBORNE, KANSAS WATER UTILITY SYSTEM AND ELECTRIC UTILITY SYSTEM INTO THE CITY OF OSBORNE, KANSAS ELECTRIC AND WATER UTILITY SYSTEM.

Section 1. Pursuant to K.S.A. 12-801, the Electric Utility System and the Water Utility System of the City be and are hereby combined into one utility system of the City to be hereinafter known as the “City of Osborne, Kansas, Electric and Water Utility System.”

Section 2. The revenues derived from the City’s Electric and Water Utility System shall be used as permitted by law and determined by the Governing Body in a manner so as not to conflict with or breach any existing covenant contained in any ordinance, resolution or rule of the City regarding the use of funds in the City’s Water Utility Fund or its Electric Utility Fund.

(10-17-1990)