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4/6/1983
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4/6/1983
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7/23/2015 11:50:00 AM
Creation date
6/11/2015 2:53:54 PM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
04/06/1983
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53 PAEI?7 <br />be held on such request, of which notice shall be given by <br />publication in a newspaper regularly published in the County at <br />least one time not more than one month or less than one week <br />preceding such hearing. Certifiedroof of P publication of"such <br />notice shall be filed with the Board. The Board shall act <br />within ninety (90) days upon such request. The consent by the <br />Board to any assignment of this franchise shall not be <br />unreasonably withheld. Any sale or -transfer by the Corporation <br />or Shareholders of the Corporation taking place contrary to the <br />terms and conditions of this paragraph shall be null and void. <br />SECTION XIII <br />-- Corporation warrants adequate capacity to service <br />existing or anticipated customers and agrees not to provide <br />sewerage service unless adequate -capacity is to be available at <br />the time any new connection is made. - <br />SECTION XIV <br />The rates charged by the Corporation for its.service <br />hereunder shall at all times'be compensatory and shall be fair <br />and reasonable and designed to meet all necessary costs of the <br />service, including a fair rate of return on the fair valuation <br />of all -its properties devoted thereto under efficient and <br />economical management. The Corporation agrees that the County <br />has the authority to ender into this franchise agreement and the <br />regulation of the Corporation. Corporation agrees.that-it shall <br />be subject to all authority now or hereafter possessed by the <br />County or any other regulatory body having competent—,- - <br />jurisdiction to fix just, reasonable and compensatory rates. <br />When this franchise takes effect, the Corporation shall have <br />authority to charge and collect but not to exceed the schedule <br />of rates, as contained in Exhibit "B" attached hereto, which <br />shall remain effective until changed or modified as herein <br />-10- <br />M <br />
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