Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1919-06-12

ahaii be forfeited, xnd this ordinance
AnnIllad 1t the option Of the Mayor
and Town Council.
Section 5. This franchise 10 grant.
ed for period Of twenty years and
is 30 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 of 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 it's intention
within thirty days of the expiration
OF each period and said lighting rate
schedule revision to be 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 a majority prepare a
schedule or lighting rates which shall
allow the grantee 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 charged by said Iowa Ser
vice Company, it's successors or as
signs, for electric current furnished
to the inhabitants of said City for
lighting purposes shall not exceed:
First, 80 X W. Hours per month at
IL cents per X w Hour.
All Excess X w Hours per month
at 1917 cents per X w Hour.
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
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, it's successors or
assigns, shall furnish for each in
stallation or customer an electric
meter without cost and without any
rental charge.
Section z. That the maximum
rates to be charged by the Iowa Ser
vice Company, it's successors or as
signs, for electric current furnished
to the inhabitants Of said City for
power purposes, consisting of motors
or appliances equivalent to at least.
one horse power capacity, shall not
exceed:
First 200 X w Hours per month at
8 cents net per K w Hours.
Next 200 K w Hours per month at
6@ cents net per K w Hours.
Next 400 X w Hours per month at
5A cents net per K w Hours.
Next 400 X w Hours per month at
Az cents net per K w Hour.
Next 300 X w Hours per month at
a cents net per X w Hour.
Excess X w Hours per month at
81 cents net per X w Hour.
And provided that the minimum
charge shall be one dollar per month
for each horsepower connected, and
the Iowa Service Company, it's sue
cessors or assigns, shall furnish for
each such power connection an cleo
trio meter without cost or without
any rental charge.
Section 8. Any person who shall in
terfere with, cut, injure, remove,
break or destroy any of the poles,
wires, conductors, fixtures, instru-
ments or other property of said Iowa
Service Company, it's successors or
assigns, shall be guilty of a INSIDE
meanor and on conviction thereof
shall be fined not less than Ten Dol
lars nor more than One Hundred Dol
lars. Any person who shall post,
tack or fasten on the poles, structures
or fixtures of said company, its sue
cessors or assigns, any sign, poster,
advertisement or banner, shall upon
conviction thereof be fined in any
sum not less than Five nor more than
Fifty Dollars for each offense.
Passed and approved this---------
day OF Observation-Disclosures
A. ID.
OBSERVATION-DISCLOSURES
----------
Witness
ACKNOWLEDGEMENTS
Attest:
City Clerk.