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Ordinance - #83-01 - Index for Changes - 01/11/1983 (2)
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Ordinance - #83-01 - Index for Changes - 01/11/1983 (2)
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Resolutions & Ordinances
Resolutions or Ordinances
Ordinances
Resolution or Ordinance Number
#83-01 - Index for Changes
Document Date
01/11/1983
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! <br />! <br /> <br />or charge shall include at least the following: <br /> <br />(a) Grantee shall give City written notice of any <br /> <br /> proposed <br /> rate increase at least ninety (90) days <br /> prior to the proposed effective date of the rate <br /> increase. <br /> <br />(b) The application shall be supported by statistical <br /> and other proof indicating that the existing rate <br /> or charge is inadequate and unreasonable and that <br /> the proposed increases are required to enable <br /> Grantee to render service to fulfill its obliga- <br /> tions under this Franchise and to derive a reason- <br /> able profit therefrom. <br /> <br />(c) The notice shall include current financial and <br /> other information with at least the following: <br /> <br /> 1. Balance'Sheet; <br /> <br /> 2. Income Statement; <br /> <br /> 3. Statement of sources and applications of <br /> funds; <br /> <br /> 4. Detailed supporting schedules of expenses, <br /> income, assets and other items as may be re- <br /> quired by City; <br /> <br /> 5. Statement of current and projected subscrib- <br /> ers; <br /> <br /> 6. A current list of rates and charges of <br /> Grantee applicable to systems owned or op- <br /> erated by its parent corporation or other <br /> <br />42 <br /> <br /> <br />
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