§ 162A-72. Rates and charges for services. - North Carolina Statutes

§ 162A‑72.  Ratesand charges for services.

The district board may fix, and may revise from time to time, rents,rates, fees and other charges for the use of and for the services furnished orto be furnished by any sewerage system. Such rents, rates, fees and chargesshall not be subject to supervision or regulation by any bureau, board,commission, or other agency of the State or of any political subdivision. Anysuch rents, rates, fees and charges pledged to the payment of revenue bonds ofthe district shall  be fixed and revised so that the revenues of the seweragesystem, together with any other available funds, shall be sufficient at alltimes to pay the cost of maintaining, repairing and operating the seweragesystem the revenues of which are pledged to the payment of such revenue bonds,including reserves for such purposes, and to pay the interest on and theprincipal of such revenue bonds as the same shall become due and payable and toprovide reserves therefor. If any such rents, rates, fees and charges arepledged to the payment of any general obligation bonds issued under thisArticle, such rents, rates, fees and charges shall be fixed and revised so asto comply with the requirements of such pledge. The district board may providemethods for collection of such rents, rates, fees and charges and measures forenforcement of collection thereof, including penalties and the denial ordiscontinuance of service. (1961, c. 795, s. 19; 1973, c. 822, s. 4.)