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i <br /> TA13LE 01' CONTEN'T'S' ORDINANCE NO.69 <br /> SECTION PACE Granting to the Minneapolis Gas Company,a <br /> corporation organi:ed under the laws of the <br /> Preamble I State of Delaware, its successors and assigns, <br /> 1 Definitions 2 permission to use the streets and public places <br /> 2 Grant of franchise 3 in the Village of St.Anthony for the construction, <br /> 3 Rates and charges 3 maintenance and operation ofa system of mains, <br /> 4 Allowable annual return 7 pipelines and other facilities for the manufacture, <br /> 5 Working capital 12 _ distribution and sale of gas, subject to certain <br /> 6 Filing of role schedules 13 !elms and conditions,and prescribing the rates <br /> 7 Maintenance and filing of records 13 to be charged therefor,and repealing allordi- <br /> 8 Valuation of property in condemnation 14 ounces, or parts of ordinances, inconsistent <br /> 9 Rooks of predecessors 14 herewith. <br /> 10 Reserve for depreciation 14 It <br /> 11 Maintenance and inspection of books 15 Whereas,the Minneapolis Gas Company,a corporation organized <br /> 12 Laying of mains and extensions of service 15 under the laws of the State of Delaware, owns property used and <br /> 13 Gas meters 16 useful in the manufacture, distribution and sale of gas in the Vil- <br /> 14 Opening and closing of streets 16 lage of St. Anthony and is operating said property in said Village; <br /> 15 Relocation of utility facilities 16 and <br /> 16 Extensions of service before paving of streets 17 - - <br /> 17 Location and maintenance of facilities 18 Whereas, the Village Council of the Village of St. Anthony on <br /> 18 Payment to Suburban Rate Authority 18 the 8th day of March, 1949, adopted an ordinance granting a fran- <br /> 19 Supply of gas 19 _ chise to the Minneapolis Gas Company, its successors and assigns, <br /> 20 Company to indemnify Municipality 19 for the manufacture,distribution and sale of gas in said Village for <br /> 21 Acquisition by Municipality 20 a period of twenty (20)years;and <br /> 22 Franchise non-exclusive 20 <br /> 23' Default by Company 20 Whereas, meetings have been held between representatives of ' <br /> 24 Successors to Municipality 20 the Minneapolis Gas Company and the Village Council of the Vil- - <br /> 25 Provision for notices 21 Inge of St.Anthony relative to a revision of the franchise previous- <br /> 26 Repeal of previous franchise 21 ly granted;and <br /> 27 Acceptance by Company 21 <br /> 28 Expense of publication 21 Whereas, the Minneapolis Gas Company, as and for considera- <br /> 29 Adoption by municipalities in suburban area 21 lion and compensation for the rights and privileges herein granted, <br /> 30 Review of rate formula 22 has agreed to surrender its present franchise ordinance and has <br /> 31 Severability clause 22 - agreed, during the term hereof, to continuously supply gas service <br /> 32 Effective date 22 to the inhabitants of the Village,as provided in this franchise ordi- <br /> Publication 23 nance, and has agreed to perform contractual obligations set forth <br /> Certification 24 in said franchise ordinance, and has agreed to pay to the Suburban <br /> Acceptance of Ordinance 25 Rate Authority for the use and benefit of the Village the amount - <br /> provided in Section 18;and <br /> *This Table of Contents has been prepared by Minneapolis Gas Company � Whereas, the Village Council of the Village of St. Anthony, in , <br /> for convenience and is not a part of the franchise. cooperation with other municipalities of the suburban area, has de- <br /> termined that it is desirable and to the advantage of the consumers <br /> l <br />-- r.-e,-;,n ,..r,- - _-�,.._•„ ..7r-•-.,r.,-,..._..,•„ �. . . -- _."is,�a �.m\�ri s^�r,. - ma=r,•.,. a_ _:. <br />