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nothing herein shall prohibit the establishment of a graduated scale <br />of charges and classified rate schedules to which any consumer com- <br />ing within such classification would be entitled. <br />SECTION 10 <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 />SECTION 11 <br />The rates charged by the 'Company for its service hereunder <br />shall be fair and rex sonable and designed tr 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 -wit: <br />ROMEO' GARBLE RATES <br />Residence: Fifty Cents (500) per dwelling per week: <br />payable monthly for twice 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 />Should this franchise be subsequently extended to an area <br />East of the River, then in that event, all areas East of the Indian <br />River are to be referred to as the beach area and all pickups will *- <br />be <br />be at the rate of $.75 per pickup: provided, however, that all <br />