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. 25. Instead, the City's electric utility is managed and its rates are set exclusively by • the City Council. Ch. 14439, § 40, Laws of Fla. (1929). 26. The City's Council Members are elected by the citizens who reside inside the City's corporate limits. See Ch. 14439, § 9, Laws of Fla. (1929) (the Council is "elected by the qualified voters of said City."); Part I, Art. IV, § 4.01, of the City Code ("[a]ny person who is a resident of the city, who has qualified as an elector of this state, and who registers in the manner prescribed by law shall be an elector of the city."). 27. Under Florida law, the rate levels of a municipal electric utility like the City are not regulated by the PSC because there is an expectation that citizen -ratepayers of a municipal electric utility have an adequate voice in regulating their own electric rates. This expectation is based on the premise that elected municipal officials are ultimately responsible to their citizen - ratepayers for all rate impacts associated with their operation of the municipal utility system. In other words, if a customer believes that an elected official is not properly managing the municipal electric utility, then that customer can vote the elected official out of office. 28. However, because approximately 65% of the City's electric customers are Non - Resident Customers located outside of the City, a significant majority of the City's electric customers cannot vote in City elections, and thus have no voice in electing those officials that manage the City's electric utility system and set their electric rates. 29. Although the City is not subject to the PSC's rate -setting jurisdiction, the City is still required by law to set rates that are reasonable. The special act creating the City provides that the "City Council may by ordinance make reasonable regulations as to the use of any public utility and may fix reasonable rates for service furnished by public utilities to consumers." § 40, Ch. 14439, Laws of Fla. (1929) (emphasis added). A copy of the special act is attached hereto as 6 7!