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nothing herein shall prohibit the establiehme et of a, g raduated scale <br />of chargei and classified rate schedules to i+inic3 any oeswmer comp. <br />Log within smah classification weal*" be entitled. <br />SEcrzs ..1� <br />The Company shall not sell or transfer its garbage service <br />to another nor transfer any rights under this franchise to another <br />without the approval of the Board as set forth in the Utility Act <br />of Indian River County. <br />IsEciAalk 11 <br />The rates charged by the Company for its service hereunder <br />shall be fair and reasonable and designed to meet all necessary <br />costs of the service, including a fair rate of return on the net <br />valuation of its properties devoted thereto under efficient and <br />economical management. The Company agrees that it shall be subject <br />to all authority now or hereafter possessed by the County or any <br />other regulatory body having competent jurisdiction to fix just, <br />reasonable and compensatory rates. When this franchise takes ef- <br />fect, the Company shall have authority to charge and collect not to <br />exceed the following schedule of rates, Which shall remain effec- <br />tive until changed or modified as herein provided, to-rwits <br />NWT= GAMMA ! '! <br />Residence: Fifty Cents (50*) per dwelling per week; <br />payable monthly forbwice weekly service. <br />Business: At a mutually agreed upon rate based upon <br />the amount of waste and waste material, <br />Garbage service pickup will be established by the Company at the <br />commencement of this franchise. <br />In all areas east of the Iridian River to be referred to <br />as the beach area, all pickups will be at the rate of $.75 per <br />pickup; provided, however that all pickups in the beach area will <br />-4- <br />