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1987-013
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1987-013
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Last modified
8/26/2022 3:52:08 PM
Creation date
8/28/2017 11:33:35 AM
Metadata
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Template:
Resolutions
Resolution Number
1987-13
Approved Date
01/27/1987
Resolution Type
Utilities Water Franschise
Entity Name
City of Vero Beach
Subject
Water Franchise
Rates and Conditions
Area
Unincorporated Areas of Indian River County
Document Relationships
1995-092
(Cover Page)
Path:
\Resolutions\1990'S\1995
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``fitilitiei hereunder, and the acceptance of this Resolution shall <br />be'd�emad an: agreement on the part of Grantee to indemnify Grantor <br />and_ hold it harmless against any and all liability, loss, cost, <br />damage, or expense, which may accrue to Grantor by reason of the <br />-,neglect, default or misconduct of Grantee in the construction, <br />operation or maintenance of its facilities hereunder. <br />Section 5. That all rates and rules and regulations <br />established by Grantee from time to time shall be reasonable and <br />�I <br />" Grantee's rRtes for water shall at all times be subject to such <br />regulation-as may be provided by State law, however, the Outside <br />BBBa City Limit Surcharge levied by the Grantee on water rates shall <br />C not be increased from the present ten (10%) per cent above the <br />'e, prevailing City of. Vero Beach base rates without a supporting cost <br />I <br />of service study, in order to assure that such an increase is <br />reasonable and not arbitrary and/or capricious. <br />The right to regulate water rates, impact fees, service <br />:policies or other rules or regulations or the construction, <br />i operation and maintenance of the water system is vested solely in <br />the Grantee except as may be otherwise provided by applicable laws <br />oftheFederal Government or the State of Florida. <br />Section 6. Prior to the imposition of any franchise <br />fee by the Grantor, the Grantor shall give a minimum of sixty (60) <br />'! days notice to the Grantee of the imposition of such fee. Such <br />i <br />1 fee shall be initiated only upon passage, by the Grantor and <br />acceptance by the Grantee, of an appropriate ordinance in <br />1 accordance with Florida Statutes. Such fee shall be a percentage <br />of gross revenues from the sale of water to customers within the <br />?' Franchise area. Said fee, at the option of the Grantee, may be <br />shown as an additional charge on affected utility bills. The <br />franchise fee, if imposed, shall not exceed six (6%) per cent of <br />applicable gross revenues. Should the Grantee refuse to accept an <br />,ordinance of the Grantor imposing such a fee, this franchise <br />(I agreement shall become null and void. <br />CD <br />OM <br />�� <br />Section 7. Payments of the amount to be paid to <br />tD <br />Grantor by Grantee under the terms of Section 6 hereof shall be <br />co <br />made in monthly installments. Such monthly payments shall be <br />C <br />CO <br />-3- <br />
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