AB710,136,2520 (h) The rates for all services rendered by such a public utility to the a
21municipality or to other consumers, shall be reasonable and just, taking into account
22and consideration the value of the said public utility, the cost of maintaining and
23operating the same public utility, the proper and necessary allowance for
24depreciation thereof of the public utility, and a sufficient and adequate return upon
25the capital invested.
AB710,137,17
1(i) The governing body shall have full power to of a municipality may adopt all
2ordinances and resolutions necessary to carry into effect this subsection. Any An
3ordinance or resolution providing for the issuance of bonds may contain such
4provisions or covenants, without limiting the generality of the power to adopt such
5an ordinance or resolution, as is deemed are considered necessary or desirable for the
6security of bondholders or the marketability of the bonds, including. The provisions
7or covenants may include
but are not limited to provisions as relating to the
8sufficiency of the rates or charges to be made for service, maintenance and operation,
9improvements or additions to and sale or alienation of the public utility, insurance
10against loss, employment of consulting engineers and accountants, records and
11accounts, operating and construction budgets, establishment of reserve funds,
12issuance of additional bonds, and deposit of the proceeds of the sale of the bonds or
13revenues of the public utility in trust, including the appointment of depositories or
14trustees. Any An ordinance or resolution authorizing the issuance of bonds or other
15obligations payable from revenues of a public utility shall constitute constitutes a
16contract with the holder of any bonds or other obligations issued pursuant to such
17the ordinance or resolution.
AB710, s. 176 18Section 176. 66.066 (2) (j) of the statutes is repealed.
Note: Repeals an archaic provision of the statutes regulating proceedings
relating to a public utility that were begun prior to May 6, 1911.
AB710, s. 177 19Section 177. 66.066 (2) (k) to (m), (4) and (5) of the statutes are renumbered
2066.0621 (4) (j) to (L), (5) and (6), and 66.0621 (4) (j) to (L) and (5), as renumbered, are
21amended to read:
AB710,138,2222 66.0621 (4) (j) Under this paragraph, the The ordinance or resolution required
23under par. (c) may set apart bonds equal to the amount of any secured debt or charge

1subject to which a public utility may be purchased, acquired, leased, constructed,
2extended, added to or improved, and. The ordinance or resolution shall set aside for
3interest and debt service fund from the income and revenues of the public utility a
4sum sufficient to comply with the requirements of the instrument creating the lien,
5or, if the instrument does not make any provision for it, the ordinance or resolution
6shall fix the amount which shall be set aside into a secured debt fund from month to
7month for interest on the secured debt, and a fixed amount or proportion not
8exceeding a stated sum, which shall be not less than one percent 1% of the principal,
9to be set aside into the fund to pay the principal of the debt. Any surplus after
10satisfying the debt may be transferred to the special redemption fund. Public utility
11bonds set aside for the debt may from time to time be issued to an amount sufficient
12with the amount then in the debt service fund to pay and retire the debt or any
13portion of it; the. The bonds may be issued at not less than 95% of the par value in
14exchange for, or satisfaction of, the secured debt, or may be sold in the manner
15provided in this paragraph, and the proceeds applied in payment of the secured debt
16at maturity or before maturity by agreement with the holder. The governing body
17of a municipality and the owners of any a public utility acquired, purchased, leased,
18constructed, extended, added to or improved under this paragraph may , upon such
19terms and conditions as are satisfactory,
contract that public utility bonds providing
20for the secured debt or for the whole purchase price shall be deposited with a trustee
21or depository and released from deposit from time to time on the terms and conditions
22necessary
to secure the payment of the debt.
AB710,139,1323 (k) Any A municipality purchasing, acquiring, leasing, constructing,
24extending, adding to or improving, conducting, controlling, operating or managing
25a public utility subject to a mortgage or deed of trust by the vendor or the vendor's

1predecessor in title to secure the payment of outstanding and unpaid bonds made by
2the vendor or the vendor's predecessor in title, may readjust, renew, consolidate or
3extend the obligation evidenced by the outstanding bonds and continue the lien of
4the mortgage, securing the same mortgage by issuing bonds to refund the
5outstanding mortgage or revenue bonds at or prior to before their maturity, which.
6The refunding
bonds shall be are payable only out of a special redemption fund to be
7created and set aside by ordinance or resolution under par. (e). The refunding bonds
8shall be secured by a mortgage lien upon the public utility, and the municipality is
9authorized to
may adopt all ordinances or resolutions and take all proceedings,
10following the procedure under this subsection. The lien shall have has the same
11priority on the public utility as the mortgage securing the outstanding bonds, unless
12otherwise expressly provided in the proceedings of the governing body of the
13municipality.
AB710,140,314 (L) 1. If the governing body of any a municipality, by ordinance or resolution,
15declares its intentions to authorize the issuance or sale of revenue bonds under this
16section, the governing body may, prior to issuance of the bonds and in anticipation
17of their sale, authorize the issuance of bond anticipation notes by the adoption of a
18resolution or ordinance. The notes shall be named "bond anticipation notes.". Bond
19anticipation notes may be issued for the purposes for which the municipality has
20authority to issue revenue bonds. The ordinance or resolution authorizing the bond
21anticipation notes shall state the purposes for which the bond anticipation notes are
22to be issued and shall set forth a covenant of the municipality to issue the revenue
23bonds in an amount sufficient to retire the outstanding bond anticipation notes. The
24ordinance or resolution may contain other covenants and provisions, including a
25description of the terms of the revenue bonds to be issued. The municipality may

1pledge revenues of the public utility to payment of the principal and interest on the
2bond anticipation notes. Prior to issuance of the bond anticipation notes, the
3governing body may adopt an ordinance or resolution authorizing the revenue bonds.
AB710,140,124 2. Bond anticipation notes may be issued for periods of up to 5 years and may,
5by ordinance or resolution of the governing body of a municipality, be refunded one
6or more times, if the refunding bond anticipation notes do not exceed 5 years in term
7and if they will be paid within 10 years after the date of issuance of the original bond
8anticipation notes. Bond anticipation notes shall be executed as provided in s. 67.08
9(1) and may be registered under s. 67.09. These notes shall state the sources from
10which they are payable. Bond anticipation notes are not an indebtedness of the
11municipality issuing them, and no lien may be created or attached with respect to
12any property of the municipality as a consequence of the issuance of such the notes.
AB710,140,2213 3. Any funds derived from the issuance and sale of revenue bonds under this
14section and issued subsequent to the execution and sale of bond anticipation notes
15shall constitute a trust fund, and such the fund shall be expended first for the
16payment of principal and interest of such the bond anticipation notes, and then may
17be expended for such other purposes as are set forth in the ordinance or resolution
18authorizing the revenue bonds. No bond anticipation notes may be issued unless a
19financial officer of the municipality certifies to the governing body of the
20municipality
that contracts with respect to additions, improvements and extensions
21are to be let and that the proceeds of such the notes shall be are required for the
22payment of such the contracts.
AB710,141,723 4. Following the issuance of the bond anticipation notes, revenues of the public
24utility may be paid into a fund to pay principal and interest on the bond anticipation
25notes, which moneys or any part of them may, by the ordinance or resolution

1authorizing the issuance of bond anticipation notes, be pledged for the payment of
2the principal of and interest on such the notes. The ordinance or resolution shall
3pledge to the payment of the principal of the notes the proceeds of the sale of the
4revenue bonds in anticipation of the sale of which the notes were authorized to be
5issued and may provide for use of revenue of the public utility or other available
6funds for payment of principal on the notes. The notes shall constitute are negotiable
7instruments.
AB710,141,128 6. Any A municipality authorized to issue or sell bond anticipation notes under
9this paragraph may, in addition to the revenue sources or bond proceeds, appropriate
10funds out of its annual tax levy for the payment of such the notes. The payment of
11such the notes out of funds from a tax levy shall is not be construed as constituting
12an obligation of such the municipality to make any other such appropriation.
AB710,141,1413 7. Such bond Bond anticipation notes shall constitute are a legal form of
14investment for municipal funds under s. 66.04 (2) 66.0605 (1).
AB710,142,4 15(5) Any A municipality which may own, purchase, acquire, lease, construct,
16extend, add to, improve, conduct, control, operate or manage any public utility may
17also, by action of its governing body, in lieu of issuing bonds or levying taxes and in
18addition to any other lawful methods of paying obligations, provide for or secure the
19payment of the cost of purchasing, acquiring, leasing, constructing, extending,
20adding to, improving, conducting, controlling, operating or managing a public utility
21by pledging, assigning or otherwise hypothecating, shares of stock evidencing a
22controlling interest therein in a public utility, or the net earnings or profits derived,
23or to be derived, from the operation of the public utility. The municipality may enter
24into the contracts and may mortgage the public utility and issue obligations to carry
25out this subsection. Any A municipality may issue additional obligations under this

1subsection or elsewhere in this section, but those obligations shall be are subordinate
2to all prior obligations, except that the municipality may in the ordinance or
3resolution authorizing obligations under this subsection permit the issue of
4additional obligations on a parity with those previously issued.
AB710, s. 178 5Section 178. 66.067 of the statutes is repealed.
Note: Repeals s. 66.067, relating to permissible public works projects, since the
substance of the section has been incorporated into s. 66.0621 (1) (b).
AB710, s. 179 6Section 179. 66.068 (title) of the statutes is renumbered 66.0805 (title) and
7amended to read:
AB710,142,8 866.0805 (title) Management of municipal public utility by commission.
AB710, s. 180 9Section 180 . 66.068 (1) of the statutes is repealed.
Note: The repealed subsection is restated as s. 66.0805 (1), created by Section
236.
AB710, s. 181 10Section 181 . 66.068 (2) to (4) of the statutes are renumbered 66.0805 (2) to (4),
11and 66.0805 (3) and (4), as renumbered, are amended to read:
AB710,142,2012 66.0805 (3) The commissioners commission shall choose from among their
13number
a president and a secretary. They from its membership. The commission
14may appoint and establish the compensation of a manager. The commission
may
15command the services of the city, village or town engineer and may employ and fix
16the compensation of such subordinates as shall be necessary. They The commission
17may make rules for their own its proceedings and for the government of their the
18department. They The commission shall keep books of account, in the manner and
19form prescribed by the department of transportation or public service commission,
20which shall be open to the public.
Note: The 2nd sentence restates a portion of s. 66.068 (1), repealed by Section
180.
AB710,143,10
1(4) (a) It may be provided The governing body of the city, village or town may
2provide
that departmental expenditures be audited by such the commission, and if
3approved by the president and secretary of the commission, be paid by the city,
4village or town clerk and treasurer as provided by s. 66.042 66.0607; that the utility
5receipts be paid to a bonded cashier or cashiers appointed by the commission, to be
6turned over to the city, village or town treasurer at least once a month; and that the
7commission have such designated general powers in the construction, extension,
8improvement and operation of the utility as shall be designated. Where in any
9municipality
. Actual construction work shall be under the immediate supervision of
10the board of public works or corresponding authority.
AB710,143,19 11(b) If water mains have been installed or extended in a municipality and the
12cost thereof of installation or extension has been in some instances assessed against
13the abutting owners and in other instances paid by the municipality or any a utility
14therein, it may be provided by, the governing body of such the municipality may
15provide
that all persons who paid any such the assessment against any lot or parcel
16of land may be reimbursed the amount of such the assessment regardless of when
17such assessment was made or paid. Such reimbursement Reimbursement may be
18made from such funds or earnings of said the municipal utility or from such funds
19of the municipality as the governing body determines.
Note: The new sentence at the end of par. (a) restates s. 66.068 (5), repealed by
Section 182.
AB710, s. 182 20Section 182 . 66.068 (5) of the statutes is repealed.
Note: The repealed provision is restated in renumbered s. 66.0805 (4) (a). See
Section 181.
AB710, s. 183 21Section 183. 66.068 (6) and (7) of the statutes are renumbered 66.0805 (5) and
22(6) and amended to read:
AB710,144,2
166.0805 (5) Two or more public utilities acquired as a single enterprise
2hereunder may be operated under this section as a single enterprise.
AB710,144,6 3(6) In a 2nd, 3rd or 4th class city, a village or a town, the council or board may
4provide for the operation of a public utility or utilities by the board of public works
5or by another officer or officers, in lieu of the commission above provided for in this
6section
.
AB710, s. 184 7Section 184. 66.069 (title) of the statutes is renumbered 66.0809 (title) and
8amended to read:
AB710,144,10 966.0809 (title) Charges; outside services Municipal public utility
10charges
.
AB710, s. 185 11Section 185. 66.069 (1) (title) of the statutes is repealed.
AB710, s. 186 12Section 186. 66.069 (1) (a) to (bn) of the statutes are renumbered 66.0809 (1)
13to (5), and 66.0809 (1), (2), (3), (4) (intro.) and (a) and (5) (a) (intro.) and (b) to (d), as
14renumbered, are amended to read:
AB710,144,2215 66.0809 (1) Except as provided in par. (am) sub. (2), the governing body of any
16a town, village or city operating a public utility may, by ordinance, fix the initial rates
17and shall provide for this collection monthly, bimonthly or quarterly in advance or
18otherwise. The rates shall be uniform for like service in all parts of the municipality
19and shall include the cost of fluorinating the water. The rates may also include
20standby charges to property not connected but for which such public utility facilities
21have been made available. The charges shall be collected by the treasurer or other
22officer or employe designated by the city, village or town
.
Note: Authorizes, as an alternative to the treasurer collecting utility charges, a
city, village or town to designate another officer to collect the charges.
Apparently, in a number of municipalities, utility commissions have their own
bonded clerk collect charges.
AB710,145,4
1(2) If, on June 21, 1996, it is the practice of a governing body of a town, village
2or city operating a public utility to collect utility service charges using a billing period
3other than one permitted under par. (a) sub. (1), the governing body may continue
4to collect utility service charges using that billing period.
AB710,146,17 5(3) Except as provided in pars. (bg) and (bn) subs. (4) and (5), on October 15 in
6each year notice shall be given to the owner or occupant of all lots or parcels of real
7estate to which utility service has been furnished prior to October 1 by a public utility
8operated by any a town, city or village and payment for which is owing and in arrears
9at the time of giving such the notice. The department in charge of the utility shall
10furnish the treasurer with a list of all such the lots or parcels of real estate for which
11utility service charges are in arrears
, and the notice shall be given by the treasurer,
12unless the governing body of the city, village or town shall authorize such authorizes
13notice to be given directly by the department. Such The notice shall be in writing and
14shall state the amount of such arrears, including any penalty assessed pursuant to
15the rules of such the utility; that unless the same amount is paid by November 1
16thereafter a penalty of 10 % 10% of the amount of such arrears will be added thereto;
17and that unless such the arrears, with any such added penalty, shall be are paid by
18November 15 thereafter, the same arrears and penalty will be levied as a tax against
19the lot or parcel of real estate to which utility service was furnished and for which
20payment is delinquent as above specified. Such. The notice may be served by
21delivery to either such the owner or occupant personally, or by letter addressed to
22such the owner or occupant at the post-office address of such the lot or parcel of real
23estate. On November 16 the officer or department issuing the notice shall certify and
24file with the clerk a list of all lots or parcels of real estate, giving the legal description
25thereof, to the owners or occupants of, for which notice of arrears in payment were

1was given as above specified and for which arrears still remain unpaid, and stating
2the amount of such arrears together with the added and penalty thereon as herein
3provided
. Each such delinquent amount, including such the penalty, shall thereupon
4become
becomes a lien upon the lot or parcel of real estate to which the utility service
5was furnished and payment for which is delinquent, and the clerk shall insert the
6same delinquent amount and penalty as a tax against such the lot or parcel of real
7estate. All proceedings in relation to the collection of general property taxes and to
8the return and sale of property for delinquent taxes shall apply to said the tax if the
9same
it is not paid within the time required by law for payment of taxes upon real
10estate. Under this paragraph subsection, if an arrearage is for utility service
11furnished and metered by the utility directly to a mobile home unit in a licensed
12mobile home park, the notice shall be given to the owner of the mobile home unit and
13the delinquent amount shall become becomes a lien on the mobile home unit rather
14than a lien on the parcel of real estate on which the mobile home unit is located. A
15lien on a mobile home unit may be enforced using the procedures under s. 779.48 (2).
16This paragraph subsection does not apply to arrearages collected using the
17procedure under s. 66.60 (16) 66.0627.
AB710,146,19 18(4) (intro.) A municipal utility may use the procedures under par. (b) sub. (3)
19to collect arrearages for electric service only if one of the following applies:
AB710,146,2220 (a) The municipality has enacted an ordinance that authorizes the use of the
21procedures under par. (b) sub. (3) for the collection of arrearages for electric service
22provided by the municipal utility.
AB710,146,24 23(5) (a) (intro.) This paragraph subsection applies only if all of the following
24conditions are met:
AB710,147,4
1(b) If this paragraph subsection applies, a municipal public utility may use par.
2(b)
sub. (3) to collect arrearages incurred after the owner of a rental dwelling unit has
3provided the utility with written notice under subd. 1. par. (a) only if the municipality
4complies with at least one of the following:
AB710,147,175 1. In order to comply with this subd. 2. a. subdivision, a municipal public utility
6shall send bills for water or electric service to a customer who is a tenant in the
7tenant's own name. Each time that a municipal public utility notifies a customer who
8is a tenant that charges for water or electric service provided by the utility to the
9customer are past due for more than one billing cycle, the utility shall also serve a
10copy of the notice on the owner of the rental dwelling unit in the manner provided
11in s. 801.14 (2). If a customer who is a tenant vacates his or her rental dwelling unit,
12and the owner of the rental dwelling unit provides the municipal public utility, no
13later than 21 days after the date on which the tenant vacates the rental dwelling
14unit, with a written notice that contains a forwarding address for the tenant and the
15date that the tenant vacated the rental dwelling unit, the utility shall continue to
16send past-due notices to the customer at his or her forwarding address until the
17past-due charges are paid or until notice has been provided under par. (b) sub. (3).
AB710,147,2318 2. In order to comply with this subd. 2. b. subdivision, if a customer who is a
19tenant has charges for water or electric service provided by the utility that are past
20due, the municipal public utility shall serve notice of the past-due charges on the
21owner of the rental dwelling unit within 14 days of the date on which the tenant's
22charges became past due. The municipal public utility shall serve notice in the
23manner provided in s. 801.14 (2).
AB710,148,3
1(c) A municipal public utility may demonstrate compliance with the notice
2requirements of subd. 2. a. or b. par. (b) 1. or 2. by providing evidence of having sent
3the notice by U.S. mail.
AB710,148,64 (d) If this paragraph subsection applies and a municipal public utility is
5permitted to collect arrearages under par. (b) sub. (3), the municipal public utility
6shall provide all notices under par. (b) sub. (3) to the owner of the property.
AB710, s. 187 7Section 187. 66.069 (1) (c) and (d) of the statutes are renumbered 66.0811 (2)
8and (3) and amended to read:
AB710,148,209 66.0811 (2) The income of a municipal public utility owned by a municipality,
10shall first be used to make payments to meet operation, maintenance, depreciation,
11interest, and debt service fund requirements, local and school tax equivalents,
12additions and improvements, and other necessary disbursements or indebtedness.
13Beginning with taxes levied in 1995, payable in 1996, payments for local and school
14tax equivalents shall at least be equal to the payment made on the property for taxes
15levied in 1994, payable in 1995, unless a lower payment is authorized by the
16governing body of the municipality. Income in excess of these requirements may be
17used to purchase and hold interest bearing bonds, issued for the acquisition of the
18utility, or; bonds issued by the United States or any municipal corporation of this
19state, or; insurance upon the life of an officer or manager of such the utility,; or may
20be paid into the general fund.
AB710,149,2 21(3) Any A city, town or village may use funds derived from its water plant above
22such as are necessary
to meet operation, maintenance, depreciation, interest and
23debt service funds,; new construction or equipment or other indebtedness, for
24sewerage construction work other than such as that which is chargeable against
25abutting property; or they may turn such the funds may be placed into the general

1fund to be used for general city purposes, or may place such funds in a special fund
2to be used for special municipal purposes.
AB710, s. 188 3Section 188. 66.069 (1) (e) of the statutes is renumbered 66.0811 (1) and
4amended to read:
AB710,149,65 66.0811 (1) Any A city, village or town owning a public utility shall be is entitled
6to the same rate of return as permitted for privately owned utilities.
AB710, s. 189 7Section 189. 66.069 (2) of the statutes is renumbered 66.0813, and 66.0813 (1),
8(2), (3) (a), (5) and (6), as renumbered, are amended to read:
AB710,149,139 66.0813 (1) Any A town, town sanitary district, village or city owning water,
10light or power plant or equipment may serve persons or places outside its corporate
11limits, including adjoining municipalities not owning or operating a similar utility,
12and may interconnect with another municipality, whether contiguous or not, and for
13such these purposes may use equipment owned by such the other municipality.
AB710,149,17 14(2) So much of such plant Plant or equipment, except water plant or equipment
15or interconnection property in any municipality so interconnected, as shall be
16situated in another municipality shall be is taxable in such the other municipality
17pursuant to under s. 76.28.
AB710,149,24 18(3) (a) Notwithstanding s. 196.58 (5), each a city, village or town may by
19ordinance fix the limits of such utility service in unincorporated areas. Such The
20ordinance shall delineate the area within which service will be provided and the
21municipal utility shall have has no obligation to serve beyond the area so delineated .
22Such
area. The delineated area may be enlarged by a subsequent ordinance. No such
23ordinance shall be under this paragraph is effective to limit any obligation to serve
24which may have that existed at the time that the ordinance was adopted.
AB710,150,9
1(5) An agreement under par. (d) sub. (4) under which a city or village agrees
2to furnish sewerage service to a prison, which is located in an area which that has
3been incorporated since that agreement was made, may be amended to provide that
4the city or village will also furnish water service to the prison. An agreement
5amended under this paragraph subsection fixes the nature and geographical limits
6of the water and sewer service unless altered by a change in the agreement,
7notwithstanding s. 196.58 (5). A change in use or ownership of property included
8under an agreement amended under this paragraph subsection does not alter the
9terms and limitations of that agreement.
AB710,150,18 10(6) Any A town, village or city owning a public utility, or the board of any
11municipal public utility appointed under s. 66.068 66.0805, may enter into
12agreements with any other such towns, villages or cities owning public utilities, or
13any other such boards of municipal public utilities, for mutual aid in the event of an
14emergency or disaster in any of their respective service areas. Such The agreements
15may include, but are not limited to, provisions for the movement of employes and
16equipment in and between the service areas of the various participating
17municipalities for the purpose of rendering such aid and, for the reimbursement of
18a municipality rendering such aid by the municipality receiving the aid.
AB710, s. 190 19Section 190. 66.07 of the statutes is renumbered 66.0817, and 66.0817 (intro.)
20and (1) to (6), as renumbered, are amended to read:
AB710,150,23 2166.0817 Sale or lease of municipal public utility plant. (intro.) Any A
22town, village or city may sell or lease any complete public utility plant owned by it,
23in manner the following manner:
AB710,151,6 24(1) A preliminary agreement with the prospective purchaser or lessee shall be
25authorized by a resolution or ordinance containing a summary of the terms proposed,

1of the disposition to be made of the proceeds, and of the provisions to be made for the
2protection of holders of obligations against such the plant or against the municipality
3on account thereof. Such of the plant. The resolution or ordinance shall be published
4at least one week before adoption, as a class 1 notice, under ch. 985. It The resolution
5or ordinance
may be adopted only at a regular meeting and by a majority of all the
6members of the governing body.
AB710,151,10 7(2) The preliminary agreement shall fix the price of sale or lease, and provide
8that if the amount fixed by the department of transportation or public service
9commission shall be larger is greater, the price shall be that fixed by the department
10or commission.
AB710,151,15 11(3) The municipality shall submit the preliminary agreement when executed
12to the department of transportation or public service commission, which shall
13determine whether the interests of the municipality and of the its residents thereof
14will be best served by the sale or lease, and if it so determines, shall fix the price and
15other terms.
AB710,151,25 16(4) The After the price and other terms are fixed under sub. (3), the proposal
17shall then be submitted to the electors of the municipality. The notice of the
18referendum shall include a description of the plant, and a summary of the
19preliminary agreement, and of the price and terms as fixed by the department of
20transportation or public service commission. If a majority voting on the question
21shall vote votes for the sale or lease, the board or council shall be authorized to may
22consummate the same sale or lease, upon the terms and at a price not less than fixed
23by the department of transportation or public service commission, with the proposed
24purchaser or lessee or any other with whom better terms approved by the
25department of transportation or public service commission can be made.
AB710,152,3
1(5) Unless the sale or lease is consummated within one year of the referendum,
2or the time is extended by the department of transportation or public service
3commission, the proceedings shall be are void.
AB710,152,14 4(6) If the municipality has revenue or mortgage bonds outstanding relating to
5such the utility plant and which by their terms may not be redeemed concurrently
6with the sale or lease transaction, an escrow fund with a domestic bank as trustee
7may be established for the purpose of holding, administering and distributing such
8that portion of the sales or lease proceeds as may be necessary to cover the payment
9of the principal, any redemption premium and interest which will accrue on the
10principal through the earliest retirement date of the bonds. During the period of the
11escrow arrangement such the funds may be invested in securities or other
12investments as described in s. 201.25 (1) (a), (b), (dm) and (j), 1969 stats., and in
13deposits or certificates of deposit with any state or national bank doing business in
14this state
66.0603 (1).
Note: 1. The references in sub. (1) to "resolution or ordinance" are affected by
the treatment of s. 66.06 by Sections 163 and 235, which delete the current
provision that the phrase "resolution or ordinance", when used in specified
sections, means "ordinance" only. Thus, the references to "resolution or
ordinance" in sub. (1) will now include either kind of action, not just
"ordinance".
2. Revises, in sub. (6), the cross-reference to permitted investments in sub. (6)
by replacing the reference to the 1969 statutes with the current provision
setting forth authorized investments by municipalities.
AB710, s. 191 15Section 191. Subchapter VII (title) of chapter 66 [precedes 66.0701] of the
16statutes is created to read:
AB710,152,1717 Chapter 66
AB710,152,1918 Subchapter VII
19 SPECIAL ASSESSMENTS
AB710, s. 192 20Section 192 . 66.0707 (2) of the statutes is created to read:
AB710,153,7
166.0707 (2) A city, village or town may impose a special charge under s. 66.0627
2against real property in an adjacent city, village or town that is served by current
3services rendered by the municipality imposing the special charge if the municipality
4in which the property is located approves the imposition by resolution. The owner
5of the property is entitled to the use and enjoyment of the service for which the special
6charge is imposed on the same conditions as the owner of property within the city,
7village or town.
Note: Expands the scope of s. 66.65, renumbered s. 66.0707, to include special
charges. Currently, the provision is limited to special assessments against
property in an adjacent city, village or town that abuts and benefits from a
public work or improvement. See Sections 550 and 551 of this bill.
AB710, s. 193 8Section 193 . 66.0709 (title) of the statutes is created to read:
AB710,153,10 966.0709 (title) Preliminary payment of improvements funded by
10special assessments.
AB710, s. 194 11Section 194 . 66.0709 (1) of the statutes is created to read:
AB710,153,1212 66.0709 (1) In this section:
AB710,153,1313 (a) "Local governmental unit" has the meaning given in s. 66.0713 (1) (c).
AB710,153,1414 (b) "Public improvement" has the meaning given in s. 66.0713 (1) (d).
AB710, s. 195 15Section 195. 66.071 (title) of the statutes is renumbered 62.69 (title).
AB710, s. 196 16Section 196 . 66.071 (intro.) of the statutes is repealed.
Note: The repealed provision is restated as s. 62.69 (1). See Section 16 of this
bill.
AB710, s. 197 17Section 197. 66.071 (1) (title) of the statutes is renumbered 62.69 (2) (title).
AB710, s. 198 18Section 198. 66.071 (1) (a) of the statutes is renumbered 62.69 (2) (c) and
19amended to read:
AB710,154,520 62.69 (2) (c) Water rates shall be collected in the manner and by any one whom
21the common council may from time to time determine determines, and shall be

1accounted for and paid to such the other officials in such the manner and at such the
2times as that the council may from time to time prescribe. Such persons prescribes.
3Persons collecting water rates
shall give a bond to cover all the duties in such an
4amount as may be prescribed by the council. Final accounting shall be made to the
5comptroller and final disposition of money shall be made to the city treasurer.
AB710, s. 199 6Section 199 . 66.071 (1) (b) of the statutes is renumbered 62.69 (2) (a) and
7amended to read:
AB710,154,138 62.69 (2) (a) The words In this subsection, "commissioner of public works" in
9sub. (1) shall be construed to mean and have reference to
includes any board of public
10works, or commissioner of public works, or other officer of any the city having control
11of the city's public works therein, and all acts authorized to be done by such
12commissioner except for the enforcement of regulations approved by the council shall
13require the approval of the council before they shall have any force or effect
.
AB710, s. 200 14Section 200. 66.071 (1) (c) to (j) of the statutes are renumbered 62.69 (2) (d)
15to (L), and 62.69 (2) (e), (f), (g) 2. (intro.) and a., (h) and (k), as renumbered, are
16amended to read:
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