Indiana Code
Chapter 2. Transfer, Acquisition, and Improvement of Utilities by Municipalities
8-1.5-2-12. Sale of Heat, Light, Water, or Power to Municipality

Sec. 12. (a) Upon the approval by resolution of the municipal legislative body, a municipally owned utility may sell or furnish heat, light, water, or power to the municipality to be used exclusively for the furnishing of utility service to the municipality for its own municipal purposes.
(b) This section is not intended to permit the sale or furnishing of power to the municipality where the sale would affect the obligation of any contract or franchise.
As added by Acts 1982, P.L.74, SEC.1.

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Structure Indiana Code

Indiana Code

Title 8. Utilities and Transportation

Article 1.5. Municipal Utilities

Chapter 2. Transfer, Acquisition, and Improvement of Utilities by Municipalities

8-1.5-2-1. Application of Chapter; Exception

8-1.5-2-2. Application of Chapter; Additional Exceptions

8-1.5-2-3. Disposition, Construction, and Acquisition of Utilities; Lease and Operation of Waterworks Facilities

8-1.5-2-4. Sale of Nonsurplus Property; Writing Providing for Appraisal; Sufficiency of Written Contracts With Appraisers

8-1.5-2-5. Sale of Nonsurplus Property; Appraiser Qualifications; Public Hearing; Ordinance for Sale; Effective Date; Petitions Opposing Sale; Submission to Voters; Ordinances Adopted After March 28, 2016

8-1.5-2-6. Sale of Nonsurplus Property; Terms of Ordinance; Satisfaction of Existing Obligations; Bid Submitted by Trust; Proceeds; Sale for Less Than Appraised Value

8-1.5-2-6.1. Sale of Nonsurplus Property; Ordinance Adopted After March 28, 2016; Approval of Commission; Terms and Conditions; Public Interest Determination; Net Original Cost Rate Base; Submission to Voters

8-1.5-2-7. Public Convenience and Necessity; Declaratory Resolution

8-1.5-2-8. Preliminary Expenses; Appropriation

8-1.5-2-9. Appropriation for Preliminary Expenses; Repayment

8-1.5-2-10. Ordinance Declaring Public Convenience and Necessity; Notice and Hearing

8-1.5-2-11. Repealed

8-1.5-2-12. Sale of Heat, Light, Water, or Power to Municipality

8-1.5-2-13. Contracts for Acquisition, Construction, or Replacement of Public Utility Property; Authorizing Ordinance

8-1.5-2-14. Costs of Construction or Acquisition; Security for Payment

8-1.5-2-15. Condemnation; Authorization

8-1.5-2-15.5. Condemnation of Public Utility

8-1.5-2-16. Repealed

8-1.5-2-17. Acquisition of Property Rights Inside or Outside Boundaries; Utility Lines; Protection of Services From Injury or Pollution; Attachments From Abuse, Destruction, or Waste

8-1.5-2-18. Bonds; Payable Out of Special Account; Issuance

8-1.5-2-19. Bonds, Notes, or Other Obligations; Issuance; Approval by Commission for Long Term Bonds

8-1.5-2-19.5. Purchase of Equipment Requiring Lead Time Before Availability; Approval of Contracts if Sufficient Funds Available

8-1.5-2-20. Bonds; Payment From Revenues Not Derived From Particular Utility; Restriction

8-1.5-2-21. Bonds Payable Out of Special Account; Purchase by Municipality

8-1.5-2-22. General Obligation Bonds; Authorization; Limitation

8-1.5-2-23. General Obligation Bonds; Terms; Sale

8-1.5-2-24. Revenue Bonds; Money Set Aside for Payment of Interest and Principal

8-1.5-2-25. Special Utility Account; Establishment by Municipality; Use

8-1.5-2-26. Tax Levy for Payment of Bonds

8-1.5-2-27. Lease of Waterworks Facilities; Term; Option to Purchase or Renew; Transfer of Property to Municipality

8-1.5-2-28. Lease of Waterworks Facilities; Payment of Operating Expenses; Sufficiency of Rates and Charges

8-1.5-2-29. Lease of Waterworks Facilities; Notice and Hearing

8-1.5-2-30. Lease of Waterworks Facilities; Execution; Limitation of Actions

8-1.5-2-31. Leased Waterworks Facilities; Tax Exemptions

8-1.5-2-32. Leased Waterworks Facilities; Applicable Statutes

8-1.5-2-33. Action to Determine Public Convenience and Necessity