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shall at all times be ompensatory 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 Utility's investment under efficient and <br />economical management. The Utility agrees that the County has the <br />authority to enter into this Franchise Agreement and the regulation of <br />said Utility. Utility 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 event, the Utility 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. Rates and charges may be amended, upon proper <br />justification by the Utility. Other provisions of this ordinance deal <br />with the mechanisms of the setting of rates and charges. <br />2. The Utility shall at any time, when requested by a consumer, <br />make a test of the accuracy of any meters prior, however, to any test <br />being made by the Utility, the sum of tc:,m dollars ($10.00) shall be <br />deposited with the Utility 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 Utility 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 />3. (a) The approved rates of any utility which receives all or <br />any portion of its utility service from a governmental agency or from a <br />water or sewer utility regulated by the Board and which redistributes <br />that service to its utility customers shall be autcmatically 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 utility 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 i—ple«entation 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 />I <br />