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<br /> Provided, however, in order to minimize or prevent excessive is made therefor within thirty (30)days after notice of such altera-
<br /> fluctuations in the Block Rates,the Company may additionally once tion, amendment or revision, and if such hearing and review is ap-
<br /> during a calendar year, but not prior to July 15 thereof, adjust the plied for,then until such alteration,amendment or revision shall be
<br /> Block Oates in the same manner as provided above for the adjust- finally sustained or altered by such courts, the rate made by the
<br /> ment of said Block Rates at or about the end of each calendar year. Company shall remain in effect for the period as provided in this
<br /> ordinance. At the time of making the application for review the
<br /> In making increases or decreases is the Black Rates hereunder, Company shall file with the Clerk of Court a corporate undertaking
<br /> fractions of one-half (1/2) cent or more shall be counted as one requiring it to refund, rebate or comply with such other relief as
<br /> cent and fractions of less than one-half (1/2) cent shall be disre. said courts may order. At the hearing provided for herein on the
<br /> garded so far as the current period is concerned. issue or issues raised by the aforesaid order the court shall con-
<br /> sider all evidence which may be relevant and proper.
<br /> (c). The Company agrees not to make any change in rates per-
<br /> mitted or required by this ordinance either by altering the classifi. (e). The Company agrees that when no change in an existing
<br /> cation thereof, or otherwise, until after twenty (20) dovs' notice of rate is proposed at the time of a rute filing,the said Suburban Rate
<br /> any such change has been given to the Suburban Rnte Authority. Authority shall have the power to alter, amend or revise the said
<br /> Such notice shall be deemed to have been given when a written existing rate in the manner provided in Subsection 3(d), if the
<br /> statement of any change, or changes, in such rates, signed by the said existing rate is not in accordance with the provisions of this
<br /> Company, shall be filed with the Suburban Rate Authority. The ordinance. The right of the Company for court review in such in-
<br /> Company shall furnish such information, reports and stntements stance shall also be the same as provided in Subsection 3(d).
<br /> relating to any such changes which may be required by the Sub-
<br /> urban Rate Authority. Any change in rates made pursuant to the M. The Company shall not charge,demand, collect or receive
<br /> terms of this ordinance shall be made effective as soon as practi. a greater or less or different compensation for any service or simi-
<br /> cable after the expiration of each calendar year, subject to the lar service rendered, or to be rendered,than the rates and charges
<br /> proviso in Subsection 3(b). Provided. that before any rate estab- applicable to such service in effect at the time for consumers in
<br /> lished by the Company for any new class of consumers shall be- the same class, nor shall the Company refund or remit in any man-
<br /> come effective,the Company shall give ten(10)days'similar notice ner or by any device any portion of the rates or charges so specified.
<br /> to the Suburban Rate Authority of the establishment of said rate, The Company shall not offer, extend to, or accept from any person
<br /> which may be uttered, amended or revised within ten (10) days or corporation any form of contract or agreement for service that
<br /> thereafter as in this section provided. The filing of any notice is not regularly and uniformly applicable to all persons and cor-
<br /> wilh the Suburban Rate Authority, as required by this ordinance, porations receiving the same or like service. The Company shall
<br /> shall be deemed notice to this municipality. not extend, afford or use any rule or regulation, or any privilege
<br /> or facility that is not regularly and uniformly applicable to all per-
<br /> (d). The Compnny agrees that any change in rates made by the sons and corporations receiving service under the same or like
<br /> Company. not in accordance with this ordinance. may be altered, conditions,except as provided in Subsection 3(a) hereof.
<br /> amended or revised,so as to conform to the provisions of this ordi-
<br /> nance and according to-the terms thereof, by an engineer,auditor or Section d. It is the purpose of this ordinance to insure that the
<br /> accountant of the Suburban Rate Authority duly appointed for such consumer shall pay only n fair, just and reasonable rate, and that
<br /> purpose. The engineer, auditor or accountant so appointed shall be such rate will permit the Company to make a reasonable return on
<br /> qualified and experienced in public utility regulatory matters and an the cnpital investment in the business, as hereinafter defined in
<br /> employee of the said Suburban Rate Authority. Any such alteration, this Section, under an economical and efficient management of the
<br /> amendment or revision shall be made by order. stating the reasons same.
<br /> therefor, duly served on the Company within twenty (20) days after
<br /> notice of such proposed rates shall be given by the Company,as in (a). As used in this ordinance, "allowable annual return"shall
<br /> this ordinance provided. ne Company shall have the right to a mean the amount computed by application of the "allowable rate of
<br /> prompt hearing and review of such alteration, amendment or revi- return" to the "allowable rate base" as defined in accordance
<br /> sion in the courts of the State of Minnesota, if proper application with the provisions of Subsections(b),(c), (d),(e),(f)and(g).
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