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EJ to be a default by the Utility under this franchise agreement and subject this franchise to termination. SECTION XIII ADEQUATE CAPACITY Utility warrants adequate capacity to service existing or anticipated customers and agrees not to provide water and/or wastewater service unless adequate capacity is available at the time any new connection is made. SECTICN XIV NOTICE OF ADJUSTMW of RAM Upon the initial connection of ally customer to the water/wastewater system or upon the reconnection of any new customer to the water/wastewater system, the Utility shall furnish, by mail, a notice setting forth the rate schedule then in effect and further containing the following statement; "The water/wastewater rates set forth herein have been authorized pursuant to Indian River county Mater/Wastewater Franchise Resolution No. _ as amended. Said water/wastewater rates are subject to adjustzrent pursuant to said Resolution upon proper showing by the Utility. said. rates are also subject to adjushTent in the event the water/wastewater franchise is terminated and Indian Enver County cmwnces to furnish water/wastewater service to your prey. I SDCrION XV DATE SCMaXE E The rates charged by the Utility for its service hereunder shall at all titres be caTpensatory and shall be fair and reasonable and designed to meet all necessary costs of the service, including a fair rate of i return on the fair valuation of its properties devoted thereto under efficient and economical management.. T'he Utility agrees that the County has the authority to enter into this Franchise Agreerent and the regulation of said Utility. Utility agrees that it shall be subject to all authority now or hereafter possessed by the County or any other regulatory body having conpetent jurisdiction to fix just, reasonable and compensatory rates. When this franchise takes effect, the Utility shall have authority to charge and collect, but not to exceed, the following schedule of rates and rate of return, as contained in "LKhibit 13" attached hereto, which shall amain effective until changed or modified as herein provided. In setting said rates, the County shall be guided by the standards set forth in Florida Statute 357.081 relating to the establishment of rates and charges. In any event, the Utility shall always be responsible for justifying its proposed rates and charges by 8