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(a) To hear and determine what are just, fair and reasonable rates
<br /> and charges for public service, and to order that only reasonable
<br /> charges shall be imposed. The _',ranting of this franchise shall not be
<br /> deemed to confer any right to include in the charge for service any
<br /> t' t h s t I r f` the franchise r }^-� v r .t e.i ...
<br /> r�:, _;l'ti -?pOn v4.' i..i}.v �'.�.. _. :aTIC_.'1S so granted.
<br /> C,..
<br /> (b) To require reasonable � -� `.-1.1
<br /> extensions of � .-)e " Tine
<br /> extensions �. _
<br /> ( c) To make such rules and ref ulati.>ns as may cc r„q ls-aa 1,3 so-
<br /> care adequate and proper service .
<br /> I.. 'sine grantee, its successors and assigns assinst whom any
<br /> order Is directed under the provisions of ( a) , (b) or (c) of this sect-
<br /> ion shall believe such order to be unjust or uircasonalJls, he or it siaj
<br /> test i s justness or reasonableness by a , , tici. ir tl- ,
<br /> of such order; and in such
<br /> ", :_ ,, .�r thirty u�
<br /> r _ e enterede . .es - es a.s shall be warranted
<br /> action such order may o ,.,.�tf �: in .. e �z i � .
<br /> f l � -:e trial a t yeapplicable thereto
<br /> by Vti . facts i�:i ..... _ - ..� •- _ -): r �l r _al aric_ � law c � .._,r,". .r «
<br /> Section 8:
<br /> The grantee heroin, its successors and assigns, operating
<br /> under this franchise shall submit to the council within sixty days after
<br /> the first day of January of each year, an annual report, properly ve rified&
<br /> Such report shall contain such detailed information as Lay : prescribed
<br /> by the council by ordinance. The council shall h ve the power, :i +'her
<br /> through its members Jers or by experts or employees duly authorized by it, to
<br /> examine the books 3.rd affairs of Sir 'lte e, its successors and ass'`ns,
<br /> and to compel the production of all books and papers, pertaining to such
<br /> report .
<br /> Section 9 :
<br /> The grantee h '_":i.rl, its successors ,nd assigns holding this
<br /> franchise Is prohibited from issuing -ny capital stock- on accoune of the
<br /> pp
<br /> franchise'Vl� se .�r the -i -e ' -,of "he ', a t .i ~successors- , ad assi ;ns
<br /> 1 PaY1C.._l.�„ �.� Vd1L�.., n_ar- �.._ _. , � .>
<br /> s hall have no right to receive upon - urcha.se or condemnation proceeding
<br /> brought by the y to acquire the public utility using such franchise,
<br /> any return account of thefranchise or its value .
<br /> r 1' -
<br /> Section 10:
<br /> No sale or lease of this :franchise shall be effective until
<br /> the a_sa , gn e or lessee shall have filed in the office of the city clerk
<br /> an instrument, duly execuL,ed, reciting the fact of the sale or lease,
<br /> accepting the terms of the franchise affected and agrecing to perform all
<br /> tire :: d.Lt' rlS aq' t : d F Chc grantee tper .u C fr The assl nee or lessee
<br /> non
<br /> shall also file s. bond in s lch amount and `Tit �uCh conditions as the coun-
<br /> cil _sa:r require, `ichic '.• bond shall run to the city as obliaee, with sureties
<br /> sarisfactOry to t,''_;' council, and shill obligate the grantee, oorlessee,
<br /> to discharge all obland. i ] ,; , r s imposed upon b.:e grantee
<br /> _ .,ions liab._ �_ o i by
<br /> the franchise .
<br /> Section 11:
<br /> In orq.er to claim the rights and benefits of this ordinance
<br /> the ;orthuoest Heating 4.
<br /> Power Co a: y shall ` n_n thirty (30) a: s o
<br /> of City Clerk, its acceptance
<br /> tr.� passage hereof, file in the office of the _ .,;� -;t�.
<br /> in writing, or the franchise granted by tcris ordinance, 4ubj act to all the
<br /> conditions and provisions thereof. ,//
<br /> : sL aYy.
<br /> Passed: S er .,;: 5
<br /> Attest : Qte.4/ it1 Clerk.
<br /> Published: "eptei•b r 10 , 1 `l5 .
<br />
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