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PUBLIC LAW 221-AUG. 4, 1955 C H A P T E R 7.
[69 S T A T.
UTILITIES
71. AUTHORIZATION TO TRANSFER UTILITIES.—The Commission is authorized to transfer to one or more of the entities specified in this chapter such utilities as in the judgment of the Commission will be appropriate to enable the transferee to meet the needs of the residents of the community for ade(iuate utility services of the kind to be transferred. SEC. 72. DATE OF TRANSFER.—Transfers of utilities shall be made as soon as possible, but in any event, not later than five years after the date of enactment of this Act. SEC.
SEC. 73. E N T I T Y RECEIVING TRANSFER.—
a. Transfer may be made to one or more of the following, if the transferee has the legal authority to receive and operate the utility. (1) the city at the community; (2) the State in which the community is located; (8) any political subdivision or agency of that State; or (4) any person, firm, corporation, or other legal entity. b. In determining the transferee for any utility, the Commission may consider the following: (1) the pattern of ownership of the comparable utilities in the State in which the community is located; (2) the ability of the transferee to operate the utility; (3) the probable price of the sale of the utility, the ability of the transferee to pay that price, and any probable expense; (4) the desires of the eligible voters of the community as directly expressed in any vote in any officially recognized procedure or in any procedure established by the Commission; and (5) the benefit to the United States in reducing possible requirements for local assistance as authorized in chapters 8 and 9 of this Act. SEC. 74. UTILITIES TRANSFERABLE.—All utilities are authorized to be transferred under this chapter, but shall not include property which the Commission determines to be needed for its own use. SEC. 75. CHARGES FOR UTILITIES TRANSFERRED.—The Commission may give the utility to the city incorporated at the community; and must charge in selling the utility to any other transferee. The charges and terms for the transfer of any utility may be established by advertising and competitive bid, or by negotiated sale or other transfer at such prices, terms, and conditions as the Commission shall determine to be fair and equitable. C H A P T E R 8. M U N I C I P A L I T I E S 81. ASSISTANCE IN ORGANIZATION.—The Commission is authorized, for a period not to extend beyond five years after the date of enactment of this Act to cooperate with and assist the residents of the community in preparation for and establishment of local selfgovernment and in the transfer of municipal installations and responsibilities to local entities. Such assistance may include payment of any amounts reasonably necessary to meet expenses incident to the establishment and organization oi a city government and other local entities at the community, until such time as the municipal installations are transferred in accordance with the provisions of this chapter. SEC.
SEC. 82. AUTHORIZATION To TRANSFER MUNICIPAL INSTALLATIONS.—
The Commission is authorized to transfer to one or more of the entities specified in this chapter such municipal installations as in the judg-
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