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ith the Board an instrument in writing reciting; the fact of such transfer and accepting the terms of this franchise and agrecinc; to perform all of the con- ditions thereof,. In any event this franchise shall not be transferrable and issignablez until notice or request for transfer and ass meat shall be given � I)y the Company to the Board in writing, accompanied by a request from the proposed transferee, which application shall contain information concerning the financial status and other qualifications of the proposed transferee and such Information as the Board may require. A public hearing shall be held on such request of which notice shall be given by publication in a newspaper relrularly published in the County at least one time not more than one month nor less than one week pracecdin3 such hearing. Certified proof of publication of such notice shall be file with the Board. Said hearing may thereafter be continued from titnje to time as determined by the Board. The Board will, however, approve or disapprove said sale or transfer within ninety (90) days- from aysfrom the date of said public hearing. The consent by the Hoard to any assign - anent of this franchise shall not unreasonably be withheld. SECTION 14 The rates charged by the Company for its service hereunder shall be fair and reasonable and desismed to meet all necessary costs of the service. including a fair rate of return on the net valuation of its properties devoted thereto under efficient and economical management. The Company agrees that it shall be subject to all authority now or hereafter possessed by the County or any other regulatory body having competent jurisdiction to fix just, reasonable and compensatory rates. When this franchise takes effect, the Company shall have authority to charge and cullect not to exceed the following schedule of rates, which shall remain effective until changed or modified as herein provided, to -wit; First 3, 000 gallons All over 3, 000 gallons o7.. $3.00 Minimum per month the rate of 500 per 1000 gallons.