1979-012 - Laserfiche WebLink

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schedule of rates, which shall remain effective until changed or modified as herein provided, to -wit: MONTHLY WATER QUANTITY RATES: First 2,000 gallons.... .. ......$ 7.00 Each additional 1,000 gallons.... 1.50 WATER HOOK-UP CONNECTION CHARGED: Water Hook-up Connection Charge..$ 200.00 (a) The County will establish an interest bearing pass book account and will deposit all sums paid for any and all hook-up charges paid under this franchise, such account requiring the signature of the appropriate county official and the appropriate Corporate officer to authorize the withdrawal therefrom of any amount, under the following conditions: (1) At any time within the ensuing seven (7) years that the County shall acquire its own water distribution system, and shall furnish water services to individual customers, all sums of money remaining in said account shall become the property of the County and the Corporation shall relinquish all rights thereto. (2) In the event the above condition is not met by the County within seven (7) years from the date of this franchise agreement, said sums of money remaining in said account shall become the absolute property of the corporation. (3) Throughout the term of this franchise the Corporation shall be entitled to any and all interest which shall be paid annually on or before September 30th of each year to the Corporation. The Corporation shall be entitled to an accounting of said interest bearing account, at any time upon request made by it to the County. The County shall have access at all reasonable hours to all of the Corporation's plans, contracts, engineering data, accounting, financial, statistical, consumer and service records relating to the pror--rty and to all other records required to be kept hereunder, and the Corporation shall rile such accounting - 9 -