Arizona republican., 1912-10-02
books of record and reference:

the city to any person, persons or corporation, owning or operating any public utility. The index of said rec ord shall give the name of the gran tee and thereafter the name of any assignee thereof Said record shall be complete history of all franchises granted by the city and shall include a comprehensive and convenient ref erence to actions, contents or pro- ceedings at law, if any, affecting the same
 ?. A Public Utility Record for every person., persons or corporation
 owning or operating any public util- ity under any franchise granted by ! tie city, into which shall be trans
 cribed accurate and correct copies of
 each and every franchise granted by ! the city to said person, persons or | corporations or which may be con- l trolled or acquired by them or it, to- gether with all annual reports and in spection reports, as herein provided. | and such other matters of information
 and public interest as the mayor may, | from time to time, acquire All an
 nual and inspection reports shall be
 published once in the official news paper of the city, or printed and dis 1 tributed in pamphlet form, as the l Commission may deem best, and in
 case annual reports are not filed and | inspections are not made as provided, ! the mayor shall, in writing, report
 to the commission the reasons there
 for, which report shall be transcribed
 in the record of the person. persons
 or corporation owning or controlling
 said franchise grant, and publish al in fhn ,Nff al l city, or printed and distributed in
 pamphlet form, as the Commission | shall deem best
 l The provisions of this Section shall
 apply to all persons or corporations
 operating under any franchise now
 in force or hereafter granted by the city.
 Section IT. Suitable books shall
 also be provided by the mayor for keeping account of the various sums
 of moneys paid in by persons or cor
 porations in connection with fran
 chises or privileges granted by the
 city, and such books of account shall
 always be open for examination by
 proper city officials and by any citi-
 zen of the city.
 Section IS. No franchise shall be
 granted or privilege extended by the
 city for period longer than twenty
 five years from the date of granting
 of such franchise or privilege and the
 Commission shall provide in each and
 all of such franchises and grants or
 privileges, suitable compensation to
 the city for such franchise or privi- 1 lege, to be figured and based on the gross or net earnings, or the value
 Of the property used by such grantee
 in connection with such franchise or privilege as to the Commission shall
 seem proper, and for the best interest of the city
 Section 19. (a) Every grant of a franchise or right shall provide that r the city may upon the payment there r for of it's fair valuation, to be made 9 as provided in the grant, purchase r and take over the property and plant r of the grantee in whole or in part
 The procedure to effect such pur- 9 chase shall be as follows: When the Commission shall by resolution direct r that the mayor shall ascertain wheth-
 CT any such property, or part thereof, l should be acquired by the city, or in the absence of such action of the t Commission, when a petition sub l scribed by ten per centum of the s qualified tax paying electors request 9 ing that the mayor shall ascertain t whether any such property or part r thereof should be acquired by the city, g shall be filed with the city clerk, the
 mayor shall forthwith carefully inves- tigate said property and report to the
 Commissions
 CD At what probable cost said = property may be acquired. e CD What, if any, probable addi- Q tional outlays would be necessary to r operate the same.
 f (3) Whether, if acquired, it could be operated by the city at a profit or f advantage in quality or cost of ser e vice, stating wherein such profit or : advantage consists.
 r (4 Whether if acquired, it could = be paid for out of it's net earnings. | and if so within what time: and d (5) Such other information touch r ing the same as he shall have ac- P quired.
 0 Such report shall be made in writ r ing, shall include a statement of facts = in relation thereto with such particu- = larity as will enable the Commission q to judge of the correctness of his h findings, and immediately after sub | e filed with the city clerk, recorded in t the Public Utility Record, and pub- e lished once in the official newspaper y of the city, or printed and distributed n in pamphlet form, as the Commission = may direct and deem best.
 If petition subscribed by twenty Il five per centum of the qualified tax e paying electors of the city, requesting e that the question whether or not the O city shall acquire said property shall e be submitted to a vote of the people r shall within sixty days after the filing l. of said report be filed with the city y clerk, the Commission shall provide e by ordinance, for the submission of IS the question to a vote of the quail h fled tax paying electors
 IT (b) Every grant reserving to the if city the right to acquire the plant, as 1T well as the property, if any, of the l. grantee, situated in; on, above or
 under the public places of the city, or V elsewhere used in connection there