Home Rule Charter for the City of Fairbanks, Alaska
Article I. Incorporation, Form of Government, Powers
Section 1.2 . Form of government.
be known as the "council-mayor" government. Subject only to the limitations imposed by the State Constitution and by this Charter, all powers of the city shall be vested in the council. All powers of the city shall be exercised in the manner directed by this Charter, or if the manner not be provided, then in such manner as may be prescribed by ordinance.
Article VIII. Fiscal Administration
Section 8.4. Sale or lease of a public utility.
An entire public utility owned by the city shall not be sold
or leased except by authority of an ordinance ratified by a
majority of the qualified voters voting on the question.
Article X. Public Utilities and Franchises
Section 10.1 Public utilities: General powers.
The city shall have the power to acquire, own, operate,
promote, and regulate public utilities within and beyond
its corporate limits.