Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1919-06-05
annulled 1t the option Of the Mayor
and Town Council:

annulied a. the optiOn OF the Mayor
and Town Council:
Section s. This franchise is grant /
ed for q period of twenty years and
is SO granted and said franchise is
accepted upon the express condition
and understanding that the Mayor
and Council Of the Town of Modale
shall have the option pf securing a
revision of the lighting rate schedule
as set out in Section Of this fran
chise at the end Of the second, fifth,
tenth and fifteenth year of the ex--
istence Of this franchise, by notifying
the Iowa Service Company, its sue
cessors or assigns of its intention
within thirty days Of the expiration
of each period and said lighting rate
schedule revision tosbe determined by
a committee consisting of three per-
sons, one to be named by the. Mayor,
one by the grantee and the two so
chosen shall agree upon the selection
of the third member of the commit
tee. The committee when so appoint
ed shall by q majority prepare
schedule or lighting rates which shall
allow the grantee a return, sufficient
to cover all operating expenses, taxes,
insurance, depreciation and fair re-
turn ON it's Investment.
Section 6. That the maximum
rates to be chargedsby said Iowa Ser
vice Company, its successors or as
Isigns, for electric current furnished
to the inhabitants of said City for
lighting purposes shall not exceed:
First, 80 X w. Hours per- month at
II cents per K w Hour.
Ali Excess X w Hours per month
at 1919 cents per X w Hour.
4 Bills are to be paid at the office of
the grantee or place designated by
it in the Town of Modale, on or
before the 10th day of the month fol
lowing the month in which meters
were last read. and services are to be
discontinued if. bills are not paid by
the Goth day Of the same month. And
provided that the minimum shall be
one dollar per month for; each installa-
ton or customer and the said Iowa
Service Company, its successors OF
: assigns, shall furnish for each in.
stallation or customer an electric
meter without cost and without any
: rental charge.
Section q. That the maximum
:, rates to be charged by. the Iowa Ser
lvice Company, its successors or as
: signs, for electric, current furnished
: to the inhabitants Of said City fol
power purposes, consisting of motor:
or appliances equivalent to at leas
one horse power capacity, shall no
= exceed:
First 200 K w Hours per month a
. Is cents net per X w Hours.
Next 200 X w Hours per month a
!, 6A cents net per X w Hours.
= Next 400 X w Hours per month a
:, 5h cents net per K w Hours.
: Next 400 K w Hours per month a
! Az cents net per X w Hour.
Next 800 X w Hours per month a
;. cents net per K w Hour.
- Excess K w Hours per month a
" 3h cents net per X w Hour.
u And provided that the minimum
- charge shall be one dollar per mont
. for each horsepower connected, an
= the Iowa Service Company, it's sue
cessors or assigns, shall furnish 70
s each such power connection an cleo
{ trio meter without cost or withou
. any rental charge.
Section 8. Any person who shall ir
n terfere with, cut, injure, remove
ly break or destroy any of the pole
es wires, conductors, fixtures, instru
e. ments or other property Of said low
At Service Company, it's successors q
t. assigns, shall be guilty of misde
or meanor and on conviction thereo
ID shall be fined not less than Ten Do
IN lars nor more than One Hundred Do
id lars. Any person who shall pos
M tack or fasten on the poles, structure
ID Tor fixtures Of said company, it's sue
I'd cessors or assigns, any sign, poste7
"a advertisement or banner, shall upo
Of conviction thereof be fined in an
sum not less than Five nor more tina
m Fifty Dollars for each offense.
ie Passed and approved this-----
ie day of Observation-Disclosures
= A. D.
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