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this franchise shall be first applied to the losses incurred by the <br />Grantee to date hereof; thereafter, the said profits shall be applied <br />to the costs incurred by Grantee attributable to the Lino Lakes <br />operation for trunk lines to serve the Village; thereafter the said pro- <br />fits shall be applied to amortising the cost of the Lino Lakes facilities; <br />thereafter the said profits, if any shall be paid to the Village. <br />SECTION 19. This ordinance shall be in force and effect thirty <br />(30) days after its passage and publication and after the acceptance <br />by t'�.e Crantce as ; rovided herein. The coot and ezl:ense of the official <br />pcbli.7_ ,_ on of thi.;. ordinance shall be paid by t::a G:-antee when s.nd as <br />s,,,z as furnished r:ith a statement for t _e s-s.ic-.. <br />!DOPTT:' : AY.) '7-PROVED by the Council of the Villas of <br />this 9th day of c.. -r, 12;%61. <br />A' ...c= .. . <br />/c ! t.P._ j i oseiic rn, Clerk <br />c/ Arnold A. Kell `_rig, Mayo-7 <br />