Arizona republican., 1912-09-25
record and reference.

ies of all franchises and grants hv 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 shah be a 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
 2. A Public Utility Record. for every person, persons or corporation owning or operating any public util- ity under any franchise granted by the 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 trolled or acquired by them or it. to- gether with all annual reports and in SpectlOn 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 trIbuted in pamphlet form, as the 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 1 in the record of the person, persons l or corporation owning or controlling said franchise grant and publish 1 ed in the official newspaper of the city, or printed and distributed in pamphlet form, as the Commission shall deem best
 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 a 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-
 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
 the city may, upon the payment there for of it's fair valuation, to be made
 as provided in the grant, purchase
 and take over the property and plant of the grantee in whole or in part.
 The procedure to effect such pur- chase shall be as follows: When the Commission shall, by resolution, direct that the mayor shall ascertain wheth- CT any such property, or part thereof should be acquired by the city, or in the absence of such action of the Commission, when a petition sub
 scribed by ten per centum of the qualified tax paying electors request ing that the mayor shall ascertain whether any such property or part thereof should be acquired by the city. shall be filed with the city clerk. the mayor shall forthwith carefully inves- tigate said property and report to the Commission:
 CD At what probable cost said property may be acquired.
 @ What, if any, probable addi-
 tional outlays would be necessary to operate the same.
 | (3) Whether, if acquired, it could l be operated by the city at a profit or
 advantage in quality or cost of ser
 vice, stating wherein such profit or advantage consists.
 (q Whether, if acquired, it could
 be paid for out of it's net earnings.
 and if so within what time; and (5) Such other information touch ing the same as he shall have ac- quired.
 Such report shall be made in writ ing, shall include a statement of facts
 ln relation thereto with such particu- larity as will enable the Commission tO JudSe UT tire correctness or his findings and immediately after sub mission to the Commission, shall be
 filed with the city clerk, recorded in
 the Public Utility Record, and pub llshed once in the official newspaper
 of the city, or printed and distributed
 in pamphlet form,' as the Commission may direct and deem best.
 If a petition subscribed by twenty l i've per centum of the qualified tax paying electors of the city, requesting
 that the question whether or not the
 city shall acquire said property shall
 be submitted to a vote of the people shall within sixty days after the filing
 of said report be filed with the city
 clerk, the Commission shall provide.
 by ordinance for the submission of
 the question to vote of the quali-
 fled tax paying electors
 (b) Every grant reservng to the
 city the right to acquire the plant, as
 well as the property, if any, of the
 grantee, situated in, on above or
 under the public places of the city, or
 elsewhere, used in connection there
 with, shall in terms specify the meth cd of arriving at a valuation therein