5/14/1978 - Laserfiche WebLink

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0 [___11 • w properties devoted thereto under efficient and economical management." This section also provides that rates remain effective until changed or modified as provided by this franchise. Section 17 of the franchise provides that should < the utility company desire to increase any charges heretofore established and approved by the Board, then the utility company notifies the Board in writing and sets forth the schedule of rates and charges which it proposes and that special hearings shall then'be held with appropriate notices. Section 8 of the franchise provides that the quantity and' quality.of the water delivered and sold by the utility company shall at all times be and remain not inferior to the rules, regulations and standards now or hereinafter adopted by the State Board of Health from time to time. El In Special Acts, Chapter 54-1380, known as. the Utility Act of Indian River County, it provides among other things that if any person or party served by a utility company operating under a franchise from the Board complains to the Board concerning the rates, charges and operations and such utility, after request is made by the Board, fails to satisfy or remedy the complaint or objection, the Board, after due. notice, shall schedule a hearing and the Board may review the rates and charges by such utility company and the nature and character of the service it furnishes and the qualify of service furnished pursuant to such franchise. This special act further provides that if the utility.company fails or refuses to properly abide by the terms and provisions of the franchise, the Board, after written notice to the utility company of such defaults and defects and reasonable time in which to remedy the situation and properly furnishes the service required by the franchise,may limit or restrict said franchise or may terminate and cancel the franchise after proper reasons are found by the Board. -3- 4