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<br />I <br /> <br />I <br /> <br />I <br /> <br />/321 <br /> <br />City Council <br /> <br />March 9, 1967 <br /> <br />I must, in all conscience, recommend that the ordinance <br />not be executed as presently drawn. Not only would it be unfair <br />to the City, but actually, it may well be invalid. Under the <br />law, as I understand it, the City cannot legally contract away <br />its rate regulation authority. The proposed ordinance would at- <br />tempt, in my opinion, to so contract. <br /> <br />Very truly yours, <br /> <br />ClQl~f ~1 'luWk~v <br /> <br />Albert M. Walker <br /> <br />AMW:djm <br /> <br />-2- <br />