1/9/1974 - Laserfiche WebLink

Home Browse Search

be continued from time to time as determined by the Board. The Board will, however, approve or disapprove such sale or transfer within ninety (90) days from the date of said public hearing. The consent by the Board to any assignment of this franchise shall not unreasonably be withheld. SECTION 14 The rates charged by the Owner for its service hereunder shall be fair and reasonable and designed to meet all necessary costs of the service, including a fair rate of return on the net valuation of its properties devoted thereto under efficient and economical management. The Owner agrees that it shall be sub- ject to all authority now or hereafter possessed by the County or any other regulatory body having competent jurisdiction to fix just, reasonable and compensatory rates. When this franchise takes effect, the Owner shall have authority to charge and col- lect not to exceed the following rates: SEWER CHARGE $2.50 per month SEWER HOOK-UP CHARGE $5.00 WATER CHARGE $2.50 per month WATER HOOK-UP CHARGE $5.00 Provided, however, that the Owner does not contemplate charging for water or sewers at this time, Company's rates shall at all times be subject to the review and approval of Indian River County's Board of County Commissioners and no change may be made by Company in the basis of its rates without first making application there- for and public hearing thereon. SECTION 15 The County shall have access at all reasonable hours to all of the Owner's plans, contracts, engineering data, accounting, financial, statistical, consumer and service records relating to the property and the operation of the Owner and to all other records -9- BOOK 19 pac[213 JAN 9 1974