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<br />26 <br /> <br />TUK3 DA Y <br /> <br />JULY .27, 1954 <br /> <br />a. Maintaining schedules cf fares of Such a r...ature as to cause the Company to <br />earn more than the generally accepted fair rate of retUl~n on the investment for <br />an;y fiscal year. Standards recognized by the VirE~inia State Corporation <br />COTIL"nission and/or other similar public utility regulating bodies may be used in <br />establishing a fair rate of return on the invest::lont. <br /> <br />b. Esta:)lishing schedules of fares that are un;justly discriminatory with respect <br />to any s ec tion of the City or clas s of ri ders . <br /> <br />c. Failing to adequately nEet the reasona:,le d9mancls of the residents of any <br />street or section of the City for bus service CV0Yl though such service nay be <br />unprofi table, provided such service will not unduly restrict service on other <br />routes or will not cause the Grantee to realize less than a fair return from <br />Grantee I s overall City-wide operations. <br /> <br />d. Failing to provide courteous, safe, neat and clean drivers and other personnel. <br />Failing to provido modern, safe, celan and comfortable busses.. Failing to make <br />adequate provisions so that tl1e public may keep itself advised as to routes, <br />schedules, stops and fares. Failing to observe all laws of the City and State <br />and all provisions of t,his franchise. <br /> <br />~~ <br />~~ <br />i <br /> <br />It is not the intcntion of this franchise to limit the requirements of adequate <br />convenience and necessi~r to the foregoing items, nor is it intended that failure <br />in anyone itel1' alon[; would automatically constitute grounds for franchise <br />revocation proceedings. Rather, it is intended that the general level of service <br />fror:J. an overall and commuEity-wide standpoint be maintained at reasonable <br />standards, corr.menclLlrate vlith earru_n,c; a fair return on the investment, whether it <br />involves only one 0:;:' aJ~ of the items listed and/or natters not specifically <br />listed but having a bearing on adequate comrenicmce and necessity. <br /> <br />Section 14. This ordinance shall be in full force and effect from the date <br />of its passage. <br /> <br />Council indicated that it YiOuld determine tl18 final terms and conditions of a proposed <br /> <br />bus franchise as soon as possible, perhaps during its next regular meeting. <br /> <br />The folloll'Tl.ng petition, requesting curb and gutter construction on Parkview Street <br /> <br />betvreen Mulberry Road and Weston Street, vms received and ordered filed for future <br /> <br />C Ol:1S idera tion: <br /> <br />We, the 1L.'1dersigned residents and property owners of real estate, situated, lying <br />and being along Parkview street in the City of Hartinsville, Virginia, situated <br />between 'Neston Street and Mulberry Road, which is approximately 1,000 feet. in <br />length, do hereby petition and request that you provide curb and gutter for?2J'k- <br />view Street for the short distance herein requested due to the fact that water and <br />drainage has considerably damaged and continues to damage our properties. We under- <br />stand that you are considoring providing curbs and gutters on the bsisi of the <br />improvements, the necessit:f and real esta~e values, therefore, 1'1e humbly request <br />that you give this rr..atter your immediate attent~i_on and ask that you provide curb and <br />gutter for this small distance in order to remedy the damage sustained by our <br />