Minutes 06/06/1961 - Laserfiche WebLink

Home Browse Search

3:1 TUESDA;f JUNE 6. 1961 the ground elevation, when the street or public ground in which they are located is vacated for the convenience of abutting property owners and not as an incident to a public improvGment. ,..- Section 6. ~. The grantee shall supply teleuhonc service to customers within the city at reasonable rates. It is recognized that, under the statutes of the Commom-lealth of Virginia, the State Corporation Connnission is vested with legal authority to supervise, fix or change rates and charges authorized to be charged by the grantee to its customers. It shall also be recognized by both the grantee and the city that matters involving rate charges and changes are local in their application and effect and that the city, through its city councn shall be within its privileges and municipal responsibilities in making inquiries, expressing interest, or adopting position in matters of rate charges or changes of the grantee. Should the grantee file any application, petition or request in any form with the State Corporation Commission, or any other regulatory body invested by law with authority and jurisdiction to authorize change of rates and charges, for an increase in or authority to increase rates or charges, or for any revision or change which would have the effect of increasing the rates and charges to be paid to the grantee by users of telephone ser'V'ice in the city, coincident with said filing the grantee shall file .nth the city manager of the city a copy of said application, petition or request. Section 7. Reports. Maps and Plats. The grantee shall file annually with the clerk of the council of the city a copy of the grantee IS annual report which report shall contain and reflect the audit and financial statement as pertains to the mlsiness operations of the grantee for the immediate preceding bU.siness year. The grantee shall, upon receipt of written reasonable request at any time from the city manager, or other official designated by the city manager, make available or furnish to the city manager, or other designated official, any map, plat or plats in the possession of the grantee showing the location of any or all of its poles, conduits and other structures located in, under and along the streets and public places of the city. Section 8. Acquisition ~ City. The grantee, by the acceptance of this ordinance, expressly recognizes the powers of the city, at the expiration of this franchise, or upon forfeiture as prescribed in Section 17 of this ordinance, to acquire the property of the grantee operated under this franchise under the provisions of Section 15-715 of the Code of Virginia of 1950, as amended, and Chapter 1, Section 2, paragraph 12 of the Charter of the city. In the event of the exercise of the city of this privilege, no payment shall be made by the city to the grantee by reason of the value of the franchise itself. It shall be understood that a condition of each contract entered into ~J the grantee with reference to operations under this franchise shall be that each contract shall be subject to the exercise of this authority by the city and that the city may by substituted for the grantee as a party to any such contract and may succeed, at its direction, to all the privileges and the obligations thereof at its option.