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be continued from time to time as determined by the Board. The <br />Board will, however, approve or disapprove such sale or transfer <br />within ninety (90) days from the date of said public hearing. <br />The consent by the Board to any assignment of this franchise <br />shall not unreasonably be withheld. <br />The rates charged by the Owner for its service hereunder <br />shall be fair and reasonable and designed to meet all necessary <br />costs of the service, including a fair rate of return on the net <br />valuation of its properties devoted thereto under efficient and <br />economical management. The Owner agrees that it shall be sub- <br />ject to all authority now or hereafter possessed by the County <br />or any other regulatory body having competent jurisdiction to fix <br />just, reasonable and compensatory rates. When this franchise <br />takes effect, the Owner shall have authority to charge and col- <br />lect not to exceed the following rates: <br />SEWER CHARGE $2.50 per month <br />SEWER HOOK-UP CHARGE $5.00 <br />WATER CHARGE $2.50 per month <br />WATER HOOK-UP CHARGE $5.00 <br />Provided, however, that the Owner does not contemplate charging <br />for water or sewers at this time, Company's rates shall at all <br />times be subject to the review and approval of Indian River County's <br />Board of County Commissioners and no change may be made by Company <br />in the basis of its rates without first making application there- <br />for and public hearing thereon. <br />The County shall have access at all reasonable hours to all <br />of the Owner's plans, contracts, engineering data, accounting, <br />financial, statistical, consumer and service records relating to <br />the property and the operation of the Owner and to all other records <br />-9- <br />