§ 13.08. Valuation of utilities.

Latest version.

At such times as it shall determine, the council shall cause to be made a valuation of each of the utilities, in accordance with accepted valuation principles, by a competent firm of engineers to be selected by the council on the recommendation of the chief administrative officer, showing in the case of the water utility the proportion of its valuation properly allocable to fire protection.

(Acts 1994, Ch. 215, § 1; Acts 1998, Ch. 711; Acts 2006, Ch. 650, § 1; Acts 2006, Ch. 712, § 1)

(Acts 1994, Ch. 215, § 1; Acts 1998, Ch. 711; Acts 2006, Ch. 650, § 1; Acts 2006, Ch. 712, § 1)

                    
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