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Section XI. Section 14 of Resolution No. 73-83 is hereby amended <br />to read as follows: <br />SECTION 14 <br />RATE SCHEDULE <br />E� 1. When this franchise takes effect, the Company shall have <br />authority to charge and collect not to exceed the following schedule of <br />rates, which shall remain effective until changed or modified as herein, <br />provided to -wit: <br />Exhibit "B" <br />2. The rates charged by the Company for its service hereunder <br />• shall at all times be compensatory and shall be fair and reasonable and <br />designed to meet all necessary costs of the service, including a fair <br />rate of return on the Company's investment under efficient and <br />economical management. The Company agrees that the County has the <br />authority to enter into this Franchise Agreement and the regulation of <br />said Company. Company agrees that it shall be subject to all authority <br />now or hereafter possessed by the County or any other regulatory body <br />having competent jurisdiction to fix just, reasonable and compensatory <br />rates. In setting said rates, the County shall be guided by the <br />standards set forth in Florida Statute 367.081 relating to the <br />establishment of rates and charges. In any evF_it, the Company shall <br />always be responsible for justifying its proposed rates and charges by <br />the submission of accounting and engineering data to the County <br />Utilities Director. Fates and charges may be amended, upon proper <br />Justification by the Conpany. Other provisions of this Ordinance deal <br />with the mechanisms of the setting of rates and charges. <br />3. The Company shall at any time, when requested by a consuirer, <br />make a test of the accuracy of any meter; prior, however, to any test <br />being made by the Company, the sum of fifteen dollars ($15.00) shall be <br />deposited with the Company by the party requesting such test. Such sum <br />shall be returned if the test shows the meter to be inaccurate in its <br />delivery. If the meter is inaccurate, the meter will be repaired or <br />changed, and should the meter reading calibrate too high, a billing <br />adjustment will be made for no more than the past six month's actual <br />readings. Whenever it is necessary to shut off or interrupt service for <br />the purpose of making repairs or installations, the Company shall do so <br />at such times as will cause the least amount of inconvenience to its <br />consumers and, unless such repairs are unforeseen and immediately <br />necessary, it shall give not less than five (5) days' notice thereof to <br />its consumers for non -emergencies. <br />4. (a) The approved rates of any utility which receives all or <br />any portion of its utility service from a governmental agency or from u <br />water or sewer utility regulated by the Board and which redistributes <br />that service to its utility customers shall be automatically increased <br />or decreased without hearing upon verified notice to the Board 30 days <br />prior to its implementation of the increase or decrease that the rates <br />charged by the governmental agency or other utility has changed. The <br />approved rates of any Company which is subject to an increase or <br />decrease in the rates that it is charged for electric power or the <br />amount of ad valorem taxes assessed against its property shall be <br />increased and decreased by the utility, without action by the Board, <br />upon verified notice to the Board 30 days prior to its implementation of <br />the increase or decrease that the rates charged by the supplier of the <br />electric power or the taxes imposed by the governmental body have <br />changed. The new rates authorized shall reflect the amount of the <br />change of the ad valorem taxes or rates imposed upon the utility by the <br />governmental agency, other utility or supplier of electric power. <br />Provisions of the subsection shall not prevent a utility from seeking <br />changes in rates pursuant to the provisions of subsection. <br />(b) Before inplementing a change in rates under this <br />subsection, the Company shall file an affirmation under oath as to the <br />accuracy of the figures and calculations upon which the change in rates <br />