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<br />purpose of prescribing the kind of service to be furnished <br />by such electric util ity and in the manner for which it <br />shall be rendered, and for the purpose of, from time to time, <br />altering or changing such rules, -r~g~la~ion~ and c~m~ensations <br />shal I, at the reque~t of the electric util ity affecied, or " <br />upon cal I of the Mayor or majority of the City Counci I, " <br />either at a regular meeting of the Council, or at a special <br />meeting cal led for such purpose, have a"hearing before the <br />City Council. <br /> <br />In order to ascertain al I the facts necessary for a proper I <br />understanding of what is, or could be, a reasonable r~te <br />or compensation, the electric util ity shall, upon demand, <br />submit to the City Councilor any other person designated, <br />by it, for inspection its books, records and schedules of <br />rates or charges, as wel I as the rates proposed to be charged, <br />and the City Council shal I have ful I power to compel the <br />attendance of witnesses for any such hearing befCr~ the Council. <br /> <br />For the purpose of evaluating any request for a rate adjust~ <br />m~nt,the electric utility shall submit to the City Counci1 <br />the f61 lowing specific information. <br /> <br />A. A detailed statement of annual operating costs for <br />service within the corporate I imits of the City of San <br />Marcos for each of the-five previous fiscal years of ~he <br />electric util ity. Such statements shall be certified <br />by a Certified Publ ic Accountant. <br /> <br />B. Detailed statements bf plant value and plant <br />addition for service within the corporate I imits of <br />the City of San Marcos for each of the electric <br />uti lity's previous five (5) fiscal 'years. " All state- <br />ments of plant value shall represent original cost of <br />equ i pment, less accumu I ated deprec i at ion. A II . state- <br />ments of plant value shall be 'certified by a Certified <br />Publ ic Accountant. <br /> <br />I <br /> <br />C. <br />year <br />from <br />City <br /> <br />A detailed statement of gross revenues by fls~al <br />according to al I appl icable rate schedules, and <br />al I sources within the corporate I imits of the <br />of San Ma~cos for the five preceding fi~cal years. <br /> <br />SECTION 5. For the performance of the dutie~ of the 'City Council <br />and the enforcement of this ordinance relative to electric <br />util ities, the Council may appoint, employ or remove such <br />eng i ne'ers, accountants, stat i st i c i ans, ass i stan~s, inspectors, <br />clerks, examiners and such subordinates as may, from time to <br />time, become reasonably necessary to gather data and information <br />as the the reasonableness of rates to be fixed, charged and <br />collected by any electric uti I ity wi.thin the corporate limits <br />of the City, and may appoint,ori such terms as may be advisable, <br />counsel and attorneys who are specially ski lied in rat'e matters. <br />Such counsel and attorneys shall advise the Council and represent <br />it and the City in conjunction with any and all I iti'gation and <br />other proceedings. " <br /> <br />I <br /> <br />In accordance with the Charter of the City of San Marcos, <br />the electric util ity shall bear the ful I cost of such.expert <br />advice and assistance as defined hereinabove ~s chosen a~d <br />-deemed 'necessary by the City Counci I. <br /> <br />SECT ION 6. I f' any sect i on, paragraph, subd i vis i on,'c I aUSe, <br />phrase or provision of this ~rdinance shal I be adjudged inval id <br />or held unconstitutional, the ~ame shall not affect the val idity <br />of this ordinance as a whole or ~nypart or provisions .thereof <br />