§ 6. Water rates
(a) All water rates of the Village of Proctorsville in effect at the time of merger shall continue in effect until changed by the Selectboard of the Town of Cavendish. All costs of the Water Department shall be paid by the users.
(b) Annual water charges shall be at a rate sufficient to cover annual expenditures, adequate reserves, temporary indebtedness, and the amortizing of bonded indebtedness and interest.
Structure Vermont Statutes
Title 24 Appendix - Municipal Charters
Chapter 109 - Town of Cavendish
App § 1. Merger of the Village and Town
App § 2. Properties transferred and liabilities assumed
App § 3. Properties held in trust
App § 4. Settling the affairs of the Village of Proctorsville
App § 7. Existing ordinances; municipal maps; regulations
App § 8. Election of Selectboard
App § 9. Votes required for effect
App § 21. Applicability of general law
App § 24. Powers and functions
App § 27. Water and Sewer Departments
App § 30. Voting procedures for annual water and sewer expenses and extensions