cityowned
Cityowned refers to property, assets, or enterprises that are owned and operated by a city or municipal government rather than private individuals or corporations. This can include utilities (electricity, water, sewer), transit systems, public housing, land, cultural institutions, and other corporate entities created to manage city assets. Often these are organized as municipally owned corporations or departments within the city government.
Governance typically involves city council oversight, with strategic direction set by an elected body and daily
The rationale for city ownership includes securing reliable access to essential services, keeping profits within the
Examples of cityowned assets include electric and water utilities operated by a city, public transit authorities