Ord 1990-084 - Laserfiche WebLink

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-3- diameter of two (2) inches, in order to bring gas service to the property line of a new customer unless the customer is a year-round customer and agrees to pay for that part of the extension which is over 100 feet. SECTION 5. CONDITIONS OF OPERATION. The service furnished hereunder to the City and its inhabitants shall be first-class in all respects considering all circumstances and shall be subject to such reasonable rules and regulations as the Grantee may make from time to time, including a requirement for reasonable security for the payment of its bills. SECTION 6. FRANCHISE FEE. 6.1. In consideration of the rights and privileges herein granted, the Grantee agrees to pay to the City quarterly during the continuance of this franchise a sum of money equal to the greater of either (a) three percent (3%) of the gross receipts for the preceding calendar quarter received by the Grantee from the sale or transport of gas within the corporate limits of the City or (b) forty thousand dollars ($40,000.00). As used herein, "transport of gas" refers to any gas which goes through any of the Grantee's pipeline system or facilities within the corporate limits of the City and which is sold or delivered for use at a point located within the City. Payments hereunder shall be payable on or before thirty (30) days after the end date of each calendar quarter during the term of this franchise. Upon receipt of such payments, the Director of Finance for the City shall deliver to the Grantee a receipt for the amount paid. 6.2. The payment of the franchise fee set forth herein shall be in lieu of any license, charge, fee, street or alley rental, or other character of charge for the use and occupancy of the streets, alleys and public places within the City, and in lieu of any pipe tax or inspection fee or tax, but shall not in any way increase or diminish the Grantee's obligation to pay the City ad valorem taxes or in any way interfere with collection thereof. 6.3. As a further condition of the grant of this franchise, and in partial consideration thereof, the Grantee shall reimburse the City for its reasonable costs of participating in rate-making proceedings before the City Council or any other regulatory authority of the State which exercises jurisdiction over the rates of the Grantee, including any appeals therefrom to the courts. 6.4 The City, in accordance with Section 5.07 of the Gas Utility Regulatory Act, herewith finds that Grantee is entitled to recover in its rates the amounts payable to Grantor under Section 6.1 of this ordinance. To ensure that Grantee's rates are just and reasonable, City herewith authorizes Grantee to revise its rate schedules as necessary to recover fully from customers within the corporate limits of City the amounts payable to City as set forth in Section 6.1 of this ordinance. Such rate schedules shall be filed with the City and shall be effective with bills rendered on and after the effective date of this ord~nance. SECTION 7. INSPECTION OF RECORDS AND FACILITIES. 7.1. The Grantee shall fully cooperate in making available for inspection during normal business hours to the City Manager or his designee, the books, records, maps, plans, contracts and other materials of the Grantee applicable to the Grantee's system; provided, however, that when volume and convenience necessitate, the Grantee may require inspection to take place at the Grantee's local business office. 7.2. The Grantee shall maintain records, accounts, and financial and operating reports in a manner that will allow City to determine investment, costs of service, and operating expenses related to providing services under this franchise. The City may require the keeping of additional records or accounts reasonably necessary for administration of this franchise.