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F'.526 <br />shall pay to the C , in advance, its costs of removal and relocation of the removed facilities in order to <br />continue ifip service as theretofore existing, or the County shall retain an easement not less than ten feet in <br />width for the benefit of the Compeny and its facilities. <br />Y <br />SECTION 11 <br />The Company shall not as to rates, charges, service facilities, rules, regulations or in any other respectll <br />hake or grant any preference or advantage to any person nor subject any person to amy prejudice or disadvantage, <br />provided that nothing herein shall prohibit the establishment of a graduated scale of charges and classified rate <br />schedules to wbich any oonswer coming within such classification would be entitled. <br />SECTION 12 <br />a. The Company shall furnish, supply, install and make available its public water system and its public <br />sewer system to any and all persons within the territory making demand, therefor, and shall provide such demanding <br />person with its services and facilities within one year from the date of such demand; prorided, however, that the <br />Board may, upon application of the CompiLmy, extend the time for providing such service to such demanding person. <br />In the event theCompa y fails to provide its services and facilities either as to a water system or sever system <br />or both to any area within the territory within the time provided, then in such event the County may be resolution <br />of the Board limit, restrict and confine the territory to that area then being serviced byr both seater and sewer by <br />the Company or such greater area as theBoard shall deters andthereafter the territory shall be only the area <br />defined and provided -by the Board and theL provisions of this franchise shall not extend beyond the <br />limits of the area so restricted and defindd. <br />b. The Company shall not be required to furnish, supply, install and make available its public water <br />MI; em or its public sewer system or both to any person within the territory as hereinbefore set forth, unless <br />the same may be done at such a cost to the Company as shall mats the addition proposed, financially feasible. <br />Financially feasible shall mean that with a fair a d reasonable rate to be charged by the Company for all its ser- <br />vices under this franchise. That such rate will produce to the Company a sum sufficient to meet all necessary <br />costs of the services; including a fair rate of return on the net valuation of its property devoted thereto, <br />under efficient and eoonom3.caa]. management. The burden of showing that a prospective service to the area is not <br />financially feasible shall be the burden of the Company. <br />SECTION lZ <br />The Company shall not sell or transfer its plant or system to another nor transfer any rights under this <br />franchise to another without the approval of the Board and provided, 'fprbher, that no such sale or transfer after <br />approval shall be effectivo,until the vendee, assignee or lessee has filed with the Board anAnastrument in writing <br />reciting the fact ofsueh , transfer and accepting the -terms of this franchise and agreeing to perform all ofthe <br />conditions thereof. In any event this franchise shall not be transferrable and assignable until notice or request <br />for transfer and assignment shall be given by the Company to the Board in writing, accompanied by a request from <br />the proposed transferee, which application shall contain information concerning the financial status and other <br />qualifications of the proposed transferee and such other information alonthe Board may require* A public hearing <br />shall 'be held on suoh request'vf which notice shall be given by publication in a newspaper regularly published in <br />County at least one time not more than one month nor less than one week preceeding such bearing. Certified proof <br />of publication of such notice shall be filed with the Board. Said hearing may thereafter be oontinubd from time <br />to time as determined by the Board. The conseftb by the Board to any assignment of this franchise shall not un- <br />reasonable be withheld. <br />0 <br />1 <br />1 <br />1 <br />0 <br />1 <br />i <br />0 <br />