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fnara-q. r im w-hich for making municipal utitlity payments . <br /> for all such utility services shall be made , and In addition , <br /> 1111 the Council may rn-e-kc s-uch adopt other necessary regulations <br /> as may be necessary , including those and prescribing penalties <br /> for violations of s-01-e-h regulations . <br /> Section 11 . 03 Purchase in Bulk . The Council mayA <br /> purchase in bulk , rather than producing , <br /> local production of gas , electric , water and other utilities , <br /> • . . and resell them to local consumers <br /> S s�tr n9 <br /> at such rates as it may fix . Before fixing the rates at <br /> which it will re- sell bulk-purchased utilities , such rates <br /> arc fixed by the Council , the Council shall hold a public <br /> hearing on the matter in accordance with Section 11 . 06 of <br /> this chapter . <br /> 4111 <br /> Section 11 . 04 Lease of Plant . The Council may , in <br /> order to serve ±•F the public interest, wi i 1 be serred thereby , <br /> lease the operation of any city utility to a contract with <br /> any responsible person , co-partnership or corporation for <br /> the- operatie-n o-f an-y atility own-e-d by th-s Cite • • • <br /> rentals and con-ditions ac it may deem necessary ; but The <br /> lease contract shall b'e adopted pursuant to ordinance i.trtrt- <br /> such contract shall (not l3-e an emergency ordinance ) , and shall <br /> tre c-f- <br /> determine the rates and conditions of operation . In no case <br /> not" <br /> shall - • _ _ 2 _ _ . • exceed ten <br /> years . <br /> • <br />