KRS 96.780: Board to control plant -- Superintendent -- Public filing of rates and

regulations -- Employees -- Contracts -- Records.

(1) After a board has been appointed and qualified, it shall have charge of the general

supervision and control of the acquisition, improvement, operation and maintenance

of the electric plant of the municipality. The board shall employ an electric plant

superintendent (herein called "superintendent"), who shall be qualified by training

and experience for the general superintendence of the acquisition, improvement and

operation of the electric plant. His salary shall be fixed by the board. The

superintendent shall be removable by the board for inefficiency, neglect of duty,

misfeasance, or malfeasance in office. He shall be re quired to execute a bond, in a

sum to be determined and approved by the board, conditioned upon the faithful

performance of his official duties. The cost of the bond may be charged as an

expense of the operation of the electric plant.

(2) Within the limits of the funds available therefor, all powers of a municipality to

acquire, improve, operate and maintain, and to furnish electric service, and all

powers necessary or convenient thereto, conferred by KRS 96.550 to 96.900, shall

be exercised on behalf of th e municipality by the board and the superintendent,

respectively. Subject to the provisions of applicable bonds or contracts, the board

shall determine programs and make all plans for the acquisition of the electric plant,

shall make all determinations as to improvements, rates and financial practices, may

establish such rules and regulations as it deems necessary or appropriate to govern

the furnishing of electric service, and may disburse all moneys available in the

electric plant fund hereinafter establi shed for the acquisition, improvement,

operation and maintenance of the electric plant and the furnishing of electric

service.

(3) A copy of the schedule of the current rates and charges in effect from time to time

and a copy of all rules and regulations o f the board relating to electric service shall

be kept on public file at the main and all branch offices of the electric plant and also

in the office of the municipal clerk or recorder. The superintendent shall have

charge of all actual construction, the i mmediate management and operation of the

electric plant and the enforcement and execution of all rules, regulations, programs,

plans and decisions made or adopted by the board.

(4) The superintendent shall appoint all employees and fix their duties and

compensation subject to and with the approval of the board. Subject to the

limitations and provisions of KRS 96.550 to 96.900, the superintendent, with the

approval of the board, may acquire and dispose of all property, real and personal,

necessary to effectu ate the purposes of KRS 96.550 to 96.900. The title to all

property purchased or acquired shall be taken in the corporate name of the board.

(5) The superintendent shall let all contracts, subject to the approval of the board, but

may, without such approva l, obligate the electric plant on purchase orders up to an

amount to be fixed by the board, not to exceed forty thousand dollars ($40,000). All

contracts shall be in the corporate name of the board and shall be signed by the

superintendent and attested by the secretary-treasurer or chairman of the board. The

superintendent shall make and keep or cause to be made and kept full and proper

books and records, subject to the supervision and direction of the board, and the

provisions of applicable contracts.