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<br />and shall provide such demanding person with its services and teat
<br />♦ `.
<br />lines within one year from the date of such demand, provided,
<br />•.
<br />however. that the Board may, upon application of the Caapaip.
<br />-
<br />eztend the time for providing each carries to such.demanding,
<br />4
<br />person. In the event the Company fails to previde. its services
<br />and taoilities either as to a water system or sewer system or both
<br />".
<br />to say area within the territory within the time provided,, than
<br />In such event the Countymay by resolutisn of the Board licit,
<br />restriet.and confine the territory to that area then beteg sero.
<br />vioed by both water and sever by the Company or sack greater area
<br />..
<br />as -the Board shall determine and thereafter the territory shall
<br />'
<br />be only the area set forth. defined and provided'by the Board and
<br />the provisions of this franchise shall not extend beyond the limits
<br />+r
<br />of the ar4a so restricted and defined.
<br />- :•• o•;
<br />- (b) The C=Wany shall not be required to furnish. sappy
<br />;.
<br />install and make available its public water system or its public
<br />sever system or both to any person within the territory as kers-
<br />inbefore set forth, unless the same my be dans at such a cost
<br />'_ '•
<br />to the Company as shall make the addition proposed financially
<br />feasible. pinanaially feasible shall mean that with a fair and
<br />reasonable rate to be charged by the Caoposy for all its services
<br />ander this franchises that such rate will•prodaoe to the-Compsty
<br />a sacs sufficient to meet all necessary costs or the services,
<br />Including a fair rate of return an the net valuation of its proper' .
<br />_
<br />devoted thereto under efficient and economical management. the
<br />burden of showing that a prospective service to the 'area L net 4
<br />'
<br />financially feasible shall be the burden of the Company.
<br />V
<br />`
<br />`.
<br />gxcriaW uiI
<br />the Company shall not sell or transfer its plant or
<br />system to another nor transfersty rights under this tranehlq
<br />to another without the approval of the Board, and provided further
<br />F-A.rry T -L I
<br />that no such sale or transfer aft:r snob approval shall be eftea-
<br />-
<br />hive until the vend.., assignee or leasee has filed with the
<br />Board an instrument in writing reciting the fast of Amok transfer
<br />and accepting the teras of this franchise and agreeing to perform
<br />all of the spnditiens thereof. 1n sty sweat this franchise ahall
<br />JUL 1-9,1978
<br />''
<br />., .. • .
<br />..�....:.a,. x.35 �-: �- t ► =
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