§ 16807 Utility Acquisition Valuation

• •The board can ask the Public Utilities Commission to figure out how much existing utility stuff (like pipes or power lines) is worth.
• •They do this to tell voters how much it might cost to buy these utility things.
• •This helps people know the price before deciding if the government should buy them.

A small town wants to buy the local water pipes from a private company to run it themselves.

The town’s board asks the Public Utilities Commission to check how much those pipes are really worth. Then, they tell the townspeople, 'It’ll cost about $5 million to buy them,' so everyone can vote on whether to do it or not.