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Agenda - Council - 11/13/1984
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Agenda - Council - 11/13/1984
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7/14/2004 9:33:41 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
11/13/1984
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I <br />I <br />I <br /> <br />or charge shall include at least the following: <br /> <br />(a) Grantee shall ~ive City written notice of any <br /> proposed <br /> <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 /> <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 />The notice shall include current financial and <br />other information with at least the following: <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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