There is created and established a storm and service water utility of the city which shall operate as a component of the waterworks utility and which shall be administered by the utilities department. The city elects to exercise all the lawful powers necessary and appropriate to the construction, condemnation and purchase, acquisition, addition to, maintenance, conduct and operation, management, regulation and control of the storm and surface water utility described in Section 4 of Ordinance 2003 and as the same may hereafter be added to, bettered or extended within or without the present and future limits of the city, including, without limitation, all the lawful powers to fix, alter, regulate and control the rate, charges and conditions for the use thereof. (Ord. 4569 § 1, 1993; Ord. 3158B § 2, 1982; Ord. 2003 § 1, 1974.)