Arizona republican., 1912-09-28

l. A franchise record, indexed and Of proper form in which shall he transcribed accurate and correct con ies of all franchises and grants bv the city to any person, persons ar 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 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
 tie city, into which shall be trans crlbed 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. ana such other matters of information and public interest as the mayor may. l ioH IliHe to tune, 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
 hi inI1
 in the record of the person. persons
 or corporation owning or controlling
 said franchise grant, and publish
 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 2 operating under any franchise now . in force or hereafter granted by the city.
 Section IT. Suitable books shall I also be provided by the mayor flor Keeping account of the various sums
 of moneys paid in by persons or cor , porations in connection with fran l 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 1S No franchise shall be
 granted or privilege extended by the r city for a period longer than twenty l five years from the date of granting 2 of such franchise or privilege, and the } Commission shall provide in each and g all of such franchises and grants or = privileges. suitable compensation to
 the city for such franchise or privi- l lege, to be figured and based on the e gross or net earnings, or the value h of the property used by such grantee : in connection with such franchise or = privilege as to the Commission shall = l seem proper, and for the best interest t of the city
 y Section 19. (a) Every grant of a n franchise or right shall provide that r the city may, upon the payment there r for of it's fair valuation, to be made e as provided in the grant, purchase 1T and take over the property and plant r of the grantee in whole or in part
 The procedure to effect such pur- e 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.
 
 = the absence of such action of the 1t Commission, when a petition sub d scribed by ten per centum of the s qualified tax paying electors request e ing that the mayor shall ascertain t whether any such property or part IT thereof should be acquired by the city. e shall be filed with the city clerk. the
 mayor shall forthwith carefully inves-  f Commission:
 ~ CD At what probable cost said l. property may be acquired
 e CD What, if any, probable addi- O tional outlays would be necessary to IF operate the same.
 if (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 (1 Whether, if acquired it could = be paid for out of it's net earnings. d and if So within what time; and d (5) Such other information touch IT ing the same as he shall have ac- 2 quired.
 o Such report shall be made in writ 1T ing, shall include a statement of facts - in relation thereto with such particu- = larity as will enable the Commission d to judge of the correctness of his h findings, and immediately after sub l. mission to the Commission, shall be e filed with the city clerk recorded in ,t the Public Utility Record, and pub e lished once in the official newspaper V of the city, or printed and distributed Il in pamphlet form, as the Commission l. may direct and deem best.
 If a 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 > of said report be filed with the city " 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.
 ,r (b) Every grant reserving to the If city the right to acquire the plant, as ,r well as the property, if any, of the l. grantee, situated in; on, above or
 under the public places of the city, or