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<br />shall thereafter be opened or dedicated so as to include said line within the right-of-way <br /> <br />or such street, said gas line shall be required to be operated and maintained under the <br /> <br />terms of this ordinance. <br />,~ <br /> <br />Section 8. Rates. The grantee shall supply gas to customers within the city <br /> <br />at reasonable rates. It is recognized that under the statutes of the Commonwealth of <br /> <br />Virginia the State Corporation Commission is vested with legal authority to supervise, <br /> <br />fix or change rates and charges authorized to be charged by the grantee to consumers of <br /> <br />natural gas. It shall also be recognized by both the grantee and the city that matters <br />- <br /> <br />,V'olving rate charges and changes are local in their application and effect and that the <br /> <br />city, through its city council, shall be within its privileges and municipal responsibilities <br /> <br />in making inquiries, expressing interest or adopting position in matters of rate charges <br /> <br />or changes of the grantee. At least thirty days prior to the grantee filing any application <br /> <br />or petition or request in any form with the State Corporation Commission, or any other <br /> <br />regulatory body invested by law with authority and jurisdiction to authorize change or <br /> <br />rates and charges, for an increase in or authority to increase rates or charges, or for <br /> <br />any revision or change which would have the effect of increasing the rates and prices to <br /> <br />be paid to the grantee by consumers of natural gas in the city, the grantee shall file with <br /> <br />the city manager of the city a written notice stating that it intends to make such appli- <br /> <br />- tion for a rate increase. The notice to the city manager shall state in a clear and <br /> <br />definite way the amount of such increase of rate to be requested as applied to each class <br /> <br />of consumer use. <br /> <br />Section 9. Reports. The grantee shall each year file with the city manager <br /> <br />a true copy of the annual audit of the records of the grantee as the records pertain to the <br />- <br /> <br />'lerations or conduct of business by the grantee under this franchise. The audit may be <br /> <br />- 10 - <br />