Minutes 07/11/1961 - Laserfiche WebLink

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3~ TUESDAY J!T~.x_ ~_l, 1961 and municipal responsibilities in making inquiries, expressing interest, or adopting position in matters of ra.te charges or changes of the grantee. Should the grantee file any application, petition or request in any form with the State Carporation Commission, or any other regulatory body invested by 1m' with authority and jurisdi.ction to authorize change of rates and charges, for an increase in or authority to increase rates or charees, 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 service in the city, coincident with said filing the grantee shall file with the city manager of the city a copy of said application, petition or request. Section 7. R,eports, Mals and P~ats. The grantee shall file annually with the clerk of the counci ortJie CItY a copy of the grantee's aIIDual report which reDcrt shall contain and reflect the audit and financial state- ment as nert2ins to the business operations of the grantee for the immediate preceding business year. The grantee shall, upon receipt of written reason- able request at any time from the city manager, or other official designated by the city manager, make avaHable or .furnish to the city manager, or other des ignated 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. Acquisitionb;{ City. The grantee, by the acceptance of this ordinance, expressly recognizes the ~)owers of the city, at the expiration of this franchise, or upon forfeiture as prescribed in Section 17 of this ordin- ance, to acquire the property of t he 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 val ue of ths franchise itself. It shall be understood that a condition of each contract errtered into by the grantee with reference to operati ons under this franchise shall be that each contract shall be subject to the exercise of this authority by the city and that the ci ty may be substi tuted for the grantee as a party to any such contract and may succeed, at its direction, to all the privileges and the obligatiom thereof at its option. Section 9. City Use Grantee Facilities. The grantee shall provide a sui table space whensorequired by the city, not to exceed the total equivalent of om cross arm on each pole and not exceedirg a total of one duct in anyone of the grantee's conduits, free of charge and for the purpose of carrying wires of the police or fire department telephone system or of the telegraDh, signal or radio system each or all as O1.med or may be owned and maintained by the city, provided the said wires are placed and maintained in such a manner as ma~r be prescribed by the grantee, and in no case used to carry electric light or high-tension currents. Section 10. Taxes. Nothing in this ordinance shall be construed to prevent the grantor:-rrom levying any lawful tax on the properties of the said grantee or from levying any lawful busiress tax on the said grantee for the privilege of doing business wi thin the city.