|
Franchise Resolution No. I
<br />as amended. Said water/wastewater rates
<br />are subject to adjustment pursuant to
<br />said Resolution upon proper showing by
<br />the Utility. Said rates are also
<br />subject to adjustment ..n the event the
<br />water/wastewater franchise is terminated
<br />and Indian River County commences to
<br />furnish water/wastewater service to your
<br />property."
<br />LFCT_IqZT __'{11
<br />HATB—Sr,-MEDV�U
<br />A The rates charged by the Utility for LCv, ser,,rLce shall at
<br />all tiner; be compensatory, F,i i r, and r -- a s o n i b I e , and
<br />designed to mrlet All nece!r;,iory
<br />of the
<br />ervice,
<br />including a tair rate of return on the UtLljt-,-� v,�,t, E; -1 �1 n
<br />, I n t
<br />Under effici,nit and economical management. 'rhe Utility
<br />aqropn that thr,. County has the authority to enter Lnt,,) this
<br />Franchlnn A,jrfemfint arl,l the requ 1, -1 t I or, of the UtLlLty.
<br />Utility arjrron that it sha' ! be zub)rIrt
<br />,- rn all. --luthori.ty r.a-.r
<br />or possessed by the County or -iny other ronquL,Atory
<br />hnly h-aving competent jurisdiction to Cix just,
<br />atil compensatory rates. When thLr,, frans.,hise takes erroct
<br />the Utility shall have authority to charge and collect not
<br />more than the schedule or rates set at a public hearinq for
<br />that P"rP080 which rnhIL remain offectLva unrLL crvtnqed or
<br />Modified as h-iroin provided. In 8QttLn-T nil,l r®*jtvs, the
<br />County *hall be guided by the standards not forth In section
<br />367.082 Florida statutes. In any event the Utility *hall
<br />always be rosponzibl,, fr1r )U9t,1t-JL(v7 Ltn proposed rates and
<br />charges by the subml�,;nlon or &Cc0UntLn,J and engineering data
<br />to the (:c),1t1ty. P -It-; aril charges nay be amended after
<br />Public hearin') LJJ)orl irrFelr justification by the Utility.
<br />B. (1) The approved rater'. or any utiLLty which a I r4r!A%Pl
<br />receives all or any portion of Lts UtiLLtly Ere),., a
<br />government, -,I 1q.,n,:y Or Cron <% wat,!r or r.,1w..r t1tillty
<br />regulate,j by the Countyw�,L,..tl that !;ervictl
<br />to its Utility CLI!;tOrk-t-S shall automitic,,tily be Increased
<br />or decrea:;ud without hearing upon notice to the
<br />County 3o (Jay.-. prior to it--. implementation of the Increase
<br />or decrease that the rates charged by the governmental
<br />agency Or Other utility have changed. The approved rates of
<br />any utility which is subject to an increase or decrease in
<br />-8-
<br />
|