City of Tell City v. Indiana Utility Regulatory Commission

HOFFMAN, Presiding Judge.

Petitioner-appellant City of Tell City, Indiana appeals the denial of its petition for issuance of bonds by the Indiana Utility Regulatory Commission.

The facts relevant to this appeal reveal that on January 3, 1989, Tell City filed with the Commission its petition requesting ap*859proval of a new schedule of rates and charges for services rendered by its municipal electric utility 1 and authority to issue bonds to pay for the cost of improvements to its electric facility. The requested bond issuance was in the total amount of $1,450,-000.00.

Tell City, through its…