06-11-1990 Council Packet - Laserfiche WebLink

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1.7 “Electric Facilities" means electric transmission and distribution towers, poles, lines, guys, anchors, ducts, fixtures, and necessary appurtenances owned or operated by the Company for the purpose of providing electric energy for public use. SECTION 2.ZSAHCHISE 2.1 Grant -pf franchiJ^* City hereby grants company, for a period of twenty years from the date this ordinance becomes effective, the right to transmit and furnish electric energy for light, heat, power and other purposes for public and private use within and through the limits of the City as its boundaries now exist or as they may be extended in the future. For these purposes. Company may construct, operate, repair and maintain Electric Facilities in, on, over, under and across the Public Ways and Public Grounds of City subject tr ' provisions of this ordinance. Company may do all reason things necessary or customary to accomplish these purposes, subject, however, to zoning ordinances, other applicable ordinances, permit procedures, and to the further provisions of this franchise. 2.2 Effective Date: Written Arreptarice. This franchise shall be in force and effect from and after its passage and its acceptance by the Company, and its publication as required by law [and the City Charter]. An acceptance by the Company must be filed with the City Clerk within 90 days after publication. I 2.3 Service Rates and Area. The Company will provide adequate, efficient, and reasonable electric service and at rates which fairly reflect the costs of doing business on its utility system.The Company is an electric cooperative governed by Minnesota Statutes, Section 308A.Its business is conducted by a board of directors elected by the members.The rates for electric service are set by the board of directors and are reviewed periodically based on cost of service studie? prepared by professional consultants. 2.4 Publication Expense.The expense of publication of this ordinance shall be paid by the Company. 2.5 Default. If either party asserts that the other party is in default in the performance of any obligation hereunder, the complaining party shall notify the other party of the default and the desired remedy. The notification shall be written. If the dispute is not resolved within 30 days of the written notice, either party may c -r^ence an action in District Court to interpret and enforce this franchise or for such other relief as may be permitted by law or equity for breach of contract, or either parti- may take any other action permitted by law. -2-