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shall not unreasonably be withheld. <br />SECTION 14 <br />The rates charged by the Owner for its service hereunder shall be <br />fair and reasonable and designed to meet all necessary costs of the service, <br />including a fair rate, of return on the net valuation of its properties devoted <br />thereto under efficient and economical management. The Owner agrees that it <br />shall be subject to all authority now or hereafter possessed by the County or - <br />any other regulartory body having competent jurisdiction to fix just, reasonable <br />and compensatory rates. When this franchise takes effect, the Owner shall have <br />authority to charge and collect not to exceed the following rates: <br />MONTHLY SEWER AND WATER RATES <br />AND CONNECTION CHARGES <br />Sewer and water charges: - $7.50 per unit connected <br />Connection charge: - $457.00 per connection <br />(includes both water <br />and sewer) <br />i <br />Owner's rates shall at all times be subject to the review and approval <br />of Indian River County's Board of County Commissioners and no change may <br />i be made by Owner in the basis of its rates without first making application <br />therefor and public hearing thereon. <br />SECTION 15 <br />The County shall have access at all reasonable hours to all of the <br />Owner's plans, contracts, engineering data, accounting, financial, statistical, <br />-8- <br />MAR 20 197 <br />000K -19 MAW <br />N <br />4 <br />