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02/23/93 09:52 1307 (e] Every franchise and every extension or renewal of suoh franchise shall contain a provision for its acceptance in writing by the grantee within thirty days after its passage by the council and before its submission to a vote of the people in case of a referendum. No such franchise shall be binding upon the city until its acceptance by the grantee. Such aooeptance shall be con- strued to be an acceptance of and consent to all the terms, conditions, and limitations contained in the ordinance granting the franchise as well as of the provisions of this charter. Section 101. FURTHER PROVISIONS OF FRANCHISES. The enumeration and specification of particular matters which must be included in every franchise or renewal or extension thereof, shall not be construed as impairing the right of the city to insert in any such franchise or restrictions as the council may deem proper to protect the city's interest, nor shall anything contained in this charter limit any right or power possessed by the city over existing franchises. CHAPTER 11 PUBLIC OWNERSHIP AND OPERATION OF UTILITIES tion 102. ACQUISITION AND OPERATION OF UTILITIES. The City of Columbia Heights she ave power to acquire public utilities as provided in Chapter 9 of this charter. The operation of all public utilities owned by the city shall be under the supervision of the city manager. Section 103. RATES AND FINANCES. Upon recommendations made by the city manager or upon its own motion the council shall have the power to fix all rates and charges for water, light, heat, and all other utilities provided by plants owned by the city, but such rates and charges shall be just and reason- able. In like manner the council may prescribe the time and manner in which payment for all such service shall be made, and the manner in which water and electric current shall be computed or measured, whether by meter or flat rate, and make such other regulations as may be necessary, and may prescribe penal- ties for violations of such regulations , Section 1041. PURCHASE IN BULK. The council may, in lieu of providing for the local production of gas, electricity, water, and other utilities, purchase the same in bulk and resell them to local consumers at such rates as it may fix. Section 105. CITY TO PAY FOR SERVICES. The council shall make a reason- able charge, based on the cost of service, for lighting the streets and public buildings, or for supplying heat, power, or any other utility services, and shall credit the same to the publicly owned utility supplying the service. Such charges for light, heat, power, water and other services, shall be col- lected in the same manner as from other consumers, unless the council provides some other plan. Section 106. LEASE OF PLANT. The council may, if the public interests will be served thereby, contract with any responsible person, co-partnership, or corporation, for the operation of any utility owned by the city, upon such 26