30 - Adoption of Voter-Approved Amendments to the City's Home Rule Charter

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including degth.r ama to an ro er arisingout of an intentional negligent act or omission of the franchisee or any of its officers agents, or em to 'ees in connection with the franchisee's construction maintenance and o eration of the franchisee's facilities in the city. Section 107. Franchise Records. The cit shall com ° ile and maintain a public record of all franchises granted by the ci including,any extensions or amendments to such franchise grants. Section 108. Regulation of Rates. 1 Thp city shall h ve full pQwer aftpr due notice and pliblic hearing to regulate ordinance the rates char es and fares of all public utility franchise holders o gratin within the city as authorized by state and federal law. (21 The citv. u on receiving a re uest from a publig service.,,,_desiring a change in rates char es or fares shall call a meetin for consideration of such change. 3 A holder of a franchise to provide a public service or utility in the city must show the necessitv for such service by establishing by clear, competent and convincing evidence: the cost of its investment for service in the ci the amount and character of expenses _ nd revenues connected with renderin the service: and any additionalvi e r u' d b the city. f4l The citv mav select and emolov rate consultants and auditors to inv sti ate an requests or changes in rates charges, or fares. The public service h ll r b se a ci for reasonable and necessar __expenses incurred. Section 109. Records and Accounts;, Annual Reports 11 The citv shall re uire all franchise holders and public service companies operating within the cit to file a sworn annual report of the recei is from the operation of the said business for the current year, how much thereof for betterments or improvements,, the chargesr i. r d tp h ublic and any other facts orinf6rmafiqn.JhaLthgLg& may deem pertinent for its use. Said reports ar o be filed with the city clerk. Such re ports shall be reviewed annually the _cily g9pnCil to determine th propriety of the rate b in char ed. ('21 Anv franchise holder, of a public service com an who shall fora thirLy (301 dad period willinp-1v refuse or fail to report in the manner provided, by this charter or shall file an port mftesnottrulyregortthe fiiigls a afters mentioned therein shall be subject tto__such _ : enalties as mav be nrescribed bv the citv council b ordinance.