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B. Ten percent (10%) of the gross rates charged and received shall be <br />placed in a second County interest-bearing account and accumulated until the <br />balance reaches Sixty ThoLs and Dollars ($60, 000. 00), The balance of the <br />account may be adjusted by the Board of County Commissioners at such time <br />as the need arises due to inflationary repair or replacement costs or other <br />unforeseen costs. Said funds shall be used as a sinking fund and applied only <br />for repairs and/or replacement of the water and sewerage systems by the <br />Partnership as the need arises. County is granted the right to make neces- <br />sary repairs using said funds in the event of default on the part of Partner- <br />ship in maintaining the quality standards established herein. <br />an�mrr-%nt VAFT <br />The Partnership shall at all times maintain public liability and <br />property damage insurance in such amounts as shall be required from time <br />to time by the Board in accordance with good business practices as deter- <br />mined by safe business standards as established by the Board for the <br />protection of the County and the general public and for any liability which may <br />result from any action of the Partnership. If any person serviced by the <br />Partnership, under this franchise, complains to the Board concerning the <br />rates, charges and/or operations of such utility and the Partnership, after <br />request is made upon it by the Board, fails to satisfy or remedy such <br />complaint or objections is not proper, the Board may thereupon, after due <br />notice to such utility, schedule a hearing concerning such complaint or <br />objection and the Board may review the rates and charges set and charged by <br />the Partnership for the service it furnishes or the quality of services <br />furnished. If the Board enters its order pursuant to such hearing and the <br />Partnership feels it is aggrieved by such order, the Partnership may seek 1 <br />review of the Board's action by proceedings in the Circuit Court of the <br />County; otherwise, the Partnership shall promptly comply with the order of <br />the Board. <br />-13- <br />GORDON U. JOHNSTON, ATTORNEY AT LAW, VERO BEACH, FLORIDA <br />