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Utility or partners of the Utility taking place contrary to the <br />terms and conditions of this paragraph shall be considered by the <br />Board to be a default by the Utility under this franchise agreement <br />and subject this franchise to termination. <br />SECTION XIII <br />ADEQUATE CAPACITY <br />Utility warrants adequate capacity to service existing or <br />anticipated customers and agrees not to provide <br />wastewater service unless adequate capacity is available at the time <br />any new connection is made. <br />SECTION XIV <br />NOTICE OF ADJUSTMENT OF RATES <br />Upon the initial connection of any customer to the <br />wastewater system or upon the reconnection of any new customer <br />to the wastewater system, the Utility shall furnish, by mail, a <br />notice setting forth the rate schedule then in effect and further <br />containing the following statement; <br />"The wastewater rates set forth herein have <br />been authorized pursuant to Indian River County <br />Water/Wastewater Franchise Resolution <br />No. as amended. Said wastewater <br />rates are subject to adjustment pursuant to said <br />Resolution upon proper showing by the Utility. <br />Said rates are also subject to adjustment in the <br />event the wastewater franchise is <br />terminated and Indian River County commences to <br />furnish wastewater service to your <br />property." <br />SECTION XV <br />RATE SCHEDULE <br />1. The rates charged by the Utility for its service <br />hereunder shall at all times be compensatory and shall be fair and <br />reasonable and designed to meet all necessary costs of the service, <br />including a fair rate of return on the Utility's investment under <br />efficient and economical management. The Utility agrees that the <br />County has the authority to enter into this Franchise Agreement and <br />the regulation of said Utility. Utility agrees that it shall be <br />subject to all authority now or hereafter possessed by the County <br />any other regulatory body having competent jurisdiction to fix just, <br />reasonable and compensatory rates. When this franchise takes effect, <br />the Utility shall have authority to charge and collect not more <br />than the schedule of rates set at a public hearing for that purpose <br />which shall remain effective until changed or modified as herein <br />provided. 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 />-a- <br />