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HomeMy WebLinkAbout1957-65 AN ORDINANCE Q THE CITY OF IIEIDIAN, IDAHO GRANTING TO INTERMOUNTAIN GA5.,01PANY A THIRTY (30) YEAR FRANCHISE TO CONSTRUCT , MAINTAIN, AND OPERATE A GAS TRANSMISSION AND DISTRIBUTION SYSTEM.:: PROVIDING FOR THE USE OF STREETS AND RMS GOVERNING THE SAIV;E; SUB&CTING- IME TRAM TEE TO ALL. POWERS OF THE CITY:. SETTING FORTH THE RULES GOVERNING REPAIRS AND RECONSTRUCTION OF THE STREETS: PROVIDING FOR THE TERM OF THE FRANCHISE AND GRAN. : PROVIDING rOR THE RIGHT OF INSPECTION BY THE CITY OF GRANTEE'S PLANS, ACCOUNTS , AND BOOKS:. REgU7h1NG GRANTEE TO FURNISH CERTAIN LAPS SETTING FORTH THE ANNUAL PAYIENT TO THE CITY, AND THE FILING OF ANNEAL iEPORTS WITH THE CITY: REQUIRING GRANTEE TO IMINIFY CITY, AND FILE EVIDSNCE OF INSURANCE* REQbIR- ING =PLIANCE WITH SAFETY REGULATIONS: SETTING TIkE LIUIT IN WHICH TO CQIPLY WITH FRANCHISE: SETTING FORTH AN AGRLE- LEltrT NOT TU COMTE, RESERVING PGWER OF EbtINENT MAIN:. PRCVIDING FOR SURRENDER OF FRANCHISE: GRANTIM RIGHT OT SALVAGE AFTER POSTING BOND: REQbIRING WRITTEN ACCEPTANCE: YNOVIDING FOR CONSENT TO SALE , ASSIGNIENT OR LEASE: SETTING - - - `- FORTH CI`1'Y'S RIGHT TO ADDITIONAL PAYIENTS: RUVIDING FOR THE PURCHASE BY THE CITY AT ITS ELECTION OF THE GRANT —SIS GAS SYSTM, WORKS, PLANT ANll] PROPERTY WITHIN THE CORP&ATE LIMITS OF IERIDIAN, IDAHO, WITH THE Z CEPTIuN OF PROPERTY NSITHER - USED ROR USEFLL IN THE PUBLIC S RVICE, CASH ON HAND UR IN BANKS , NOTES ; BONDS , SHARES OF STOCK, OR O'ThER SECURITIES , AAD ANY ACCOUNTS RECEIVABLE OTHER Tl-:AF CUSTOIRS ACCOUNTS RECEIVABLE LESS THAN SIXTY (60) DAYS OLD:. THE MANNER, METRO, TERMS , AND CONDITIONS THEREOF 9 AND FOR THE RELEASE OF PROPETY _ SO PURCHASED FROL kORTGAGES , TRUST DKIDS AND OTHER ENCUMANCES: PROVIDING FOR THE APPOINTLENT OF A BOARD OF THREE (3) APPR ISERS TO 1AKE IVVEI'tiTORY AND VALUATION, AND THEIR QUALM"ICITIONS,. I'uwwhS, AND DUTIES:: PROVIDING FUR THE D TER INATICN Li SAID APPRAISERS OF THE PURCHASE PRICE TO BE PAID BY THE CITY, AMID RIGHT OF PARTIES TO SUMT iLE,STION TO COURT DETERIINATIOX:. THE PAYI NT OF SUCH PURCHASE PRICE AND TIE CUNVEYAV CE AND DELIVERY OF POSSESS ION OF THE PROPERTY 30 PURCHASED: THE TEFt&lti- ATION OF THIS AND ALL OTHER GAS FRANCHISES HELD BY GRAI`TEE FROX k&RIDIAN UPON FINAL CONMIATION OF SUCH SALE, DELIVERY OF POSSESSIOL TO ThE C:iTY AND PAYIti 1NiT OF hE FULL I•'LiHCHASE PRICE: PROVIDING ThAT NOTHING IK T: IS ORDINANCE BE QQVS'.I`hUh D AS PltE- VENTIM THE SALE TO Thi CITY OF GRAD T'EE'S GAS SYSTE10 VMS $ PLANT AID J PROPERTY BY VOLUNTARY AND UUTiAL AGREEIENL S BETW ;,'c�N ThE ,CITY AID THE GRANTEE: PROVIDING FOR PAYiV;M OF PUBL:CCATIGN COSTS :: PROVIDING FOR CITY'S GONSENT TO GAS STORAGE FACILITIES: SETTING FORTH PENALTiIS AID r'O1`FEITtRES, SEPARABILITY$ AND REPEAL. BE IT ORDAINED E:­ 'THE 1AYOh AND COUNCIL OF MERIDIAN, IDAHO. SECTION 1. GRANTS OF AUTHORITY There is hereby granted to intermountain gas company, a corporation, its successors and assighn (hereinafter collectively referred to as "grantee" ) the right and authority to construct, install, maintain and operate a gas transmission and distribution system, including mains, pipes, conduits , services and other necessary structures and appliances appertaining in, under, upon, over, across and along the streets, alleys, bridges , and public places within the present and future corpar ate limits of the City of ne ridian, Idaho, (hereinafter referred to as "Gi.ty" ) for the furnishing, transmissdon, distribution and sale of gas , whether artificial, natural, mixed or otherwise, for heating, domestic, industrial aad other purposes and for transmitting gas into, through and beyond said city. SECTION II USE OF. 3 REETS A D ROLES GOVRMEG Sidi,, Gran tee shall secure a permit for my opening it shall make in the streets, alleys and public places in the city and snail be �aect. to. all applicable ordipAgcea , but . no fee shall be required of Prantee for any such pe ait. The location ar relocation & all facilities shall be made under the supervision and x1 th the approval of suc'-_ rep eseptgtivestascthe gover._i,ng body of the City mqy designate for such purpose, but not so as unreasonably to interfere with the propE r operation of Graa tee 's facilities and s wrvice . Whenever the city shall pave or repave any street or shdL 1 change the grade or line of any street or public place a7 shall construct or reconstruct any conduit, Water maLn, sewer or water connection or other city public Wks or utility, it shall be the duty of the Grantee when so ordered bar the City to change its matins, services and other property in the streets ar public places at _U_cfJ_naff e. lvo va t.tJ!!L •u G!JI its cwn expense so as to conform to the established grade or line of ich street or public place and so as not t interfere with the conduits, sewers and other mains of the Gi by- as con- structed or reconstructed;: however, the Grantee shall not be required to relocate pipes, maws and appurtenances when the street , alley or public ground in which they are located is vacated for the convenience of abutting proprty owners and not as an incident to a public improvement, unless the reasonable cost of such relocation and the loss and expense resulting thare from Is. first paid to Gran tee. Whenever the City grants a per- mit for an excavation in a street., alley a° other public ground and the work contemplated by the permit mev expose gas pipes, mains and appurtenances of the Grantee, the City shall promptly furnish a copy of the permit to Grantee. SECTION III GRANTED SbJDJ CT TO ALL PUNQ3 OF CITY - RULES GOVERNING RSPA R AND RECONSTRUCTION OF STREETS The exercise of privileges herein granted shall be subject at all times to all of the pc,°rers of the City and all regulatory ordinm ces adopted pursuant thereto. The Grantee shall not unneces- sarily or unreasonably obstruct the use of or damage any street or alley, aid shall within a reasonable time and as early as practi- cable upon completion of any construction or repar vc rk, restore -all City streets and alleys to the same order and condition as they were before the excavation was made insofar as reasonably possible , and shall maintain, repa6r and keep in good condition for a period of one year all portions of streets and alleys disturbed by it ter its agents. The Grantee shall be responsible for a-iy obstruction or Eny defect in any street, alley or other public place caused by it in the operation and maintenance of its properties occurring at any time and shall promptly remove siy such obstruction or defect. Any sa ch obstruction or defect which, after prone r notice to. Graf tee demanding removal cr repair as the case may be, is nor promptly removed or repaired by the Gran tee may be taken care of b . the City End the costs thereof shall be charged against. Gratee and may be enforced as a lien upon an y of its prone riies or assets . SECTION IV TERD, OF FRANCHISE AND GRANT The right, authority and gran t herein and hereby made to said Grantee, its successors and assigns , is granted fa�, and limited in time to, a period of thirty (30 ) years from the date it tale s effect. SECTION V CITY RI GrLT TO I .SPEGTL)N OF GRANTEE'S PLC 3, AC C OURTS AND �COKS - GRANT E TO FURNISH CERTAIN LiAPS The City shall have access at all reasonable hours to all of the Grantee 's plans , contracts and engineerirg , accounting, finm ce, statistical, customer and service records relating to the property ai d operations c" Grantee within the City. The Gra-i tee. shall furnish the City with a complete set of maps , includLng plans and profile of the distribution system of the Grantee and ay future extensions. SECTION VI PAY&= TO CITY AND '+ILING OF L%1,,'Lr,L WRTTTEX REPORT WITH TH.E CITY as consideration for this franchise and grant said Grantee, its successcr s and assigns , during the franchise period, shall pay to the CSty the following stipulated percentage cf the gross annual receipts received from all sml.es of gas within the corper ate limits of the City through use, operation cr possession of this franchisee and gran t. (1) Three percent (3Y) per each year du ri rig the life of this, franchise and gran t. Such annual payments shall be in lieu of si y and all other fees., charges , licenses or taxes (other than ad valorem taxes ) which the City aV impose for the rights and privileges herein granted or for the privilege of doing business vathin City. The Grantee shall file by larch 31 of each year v th the City a written reptr t for the 7 eceding calendar year, verifl.ed by the affidavit of the genexal Manager, audtor, treasurer, or assistant treasurer of sal d Grantee, which repay t shall contan a statement in such form and detail as shall from time to time be prescribed. by the City, of all the gross receipts arislig from all sales cr gas by sal -I Grantee within the City for the calendar year precedir_g such report, and at the same time the Grantee shall pay to the Gity the stipulated percentage of the gross annual receipts due for the year for ?Mich said report is made and fild. The word ::j�$ Ordinance No 85. Gon'td year as used in this Section VI means the calendar year, exce-t cr the first yea,-! 'hich will commence an the date when this ranchise and grat't" is in effect and end on the follo7tng Deco`mber 31. 330TION VII aEANTEE LIABILITY - INDEUNIFICATION It 3s. expressly understool and agreed . by m-d between the -rantee and the City that the Grantee shall save the Gi.ty harm3e s s 'rots all loss sustained by the City on account of any suit, judgment., xeeution, claim, or demand whatsoever, result-ing from negligence n the fart of the Grantee in the construct��on, operation or main- enal ce cC its gas system in the City. The City shall notify the %rai Lee 's representative in the City within ten (10) days after the presentation of any claim or demand, either by suit cr otherwise, lade against the City on account of any negligence as aforesaid on ,he pm rt of the Grantee. SECTION Vill I NSURiZ CE L'non acceptax.ce of this franchise by Grantee and before grantee shall have any rights hereunder, Grantee s all file with ;he City Clerk a certificate evidencing the insurance of the Grantee cgainst property damage in an amount not 1r ss than 450,000.00 and )odily injury with limits cf not 1ess, than 050,000.00 per IB rson and i000,.000.00 total for each occurrence. SECTION IX SAFETY hk;G_ ULATION COkPLIANCE Grantee shall comply with and conform to all safety regulations )romulgated by the City cr any regulatory body having jurisdiction ;hereof. SECTION X TIME. LIUIT IN WhICH TO 00.1 iLY WITH. TM I OF FRANCHISE, Grantee shall have until August 1, 1957 within which to AsY gas mains and to otherwise comply with the terms of this 'ranchis e , unless such time is e,-te.rderl In,, tho Gity. SFCTI0N::Ya. :: - AGR9E NT NOT TO COMPETE RESFR TO CITY PU4ER CF E " NENT DOMAIN In consideration cr Grantee 's undertaking hereunder as .videnced by its acceptcn ce hereof the City agrees. not to engage .n the business. of distributing, and selling gas. during the life ?f this: franchise cr any extension thereof in competition with ;he grantee its successors , and assighn,• but nothing herein can- ;atned shaii be construed or deemed to prevent the City from . .xercising at any time any power cif eminent domain gra7 ted to it xnder the Brs of the State of Idaho . SECTION XII SQFtENDER CF FRANCHISE GRANTEE'S. RI GHT TO SALVAGE -MR P06TTT-G BU10 In the event natural gas at y tiMe sahll cease to be _ available to Grantee for the distributior and 'saL a hereunder, xrdntee reserves the right to surrender this franchis e and in ;he event of such suprender prior to any expiration cr termination ;£ this franchise or in my of such events, Grantee reserves the .ight to salvage all' of its plants, works End facilities. after >osting bond satisfactory to the City to insure restoration of :it ,r's streets aria aL ae vs damaged by svch salvage operation. --SEC�TIG�::3uII BITTEN ACCEPT=E The Grantee shall within thirty days After the rassage and publication of this. ordinance file with the City :Terk its acceptance of this franchise in writir:g signed by its. )roger officers and attested by its corparate seal„ SECTION XIV ASS I GT I CE,,�P.r CR L ,r E CF FRAIv;C h-JSE Na sale, assignment, or lease of this franchise shall be affective until it is approvdd by ghe alty, provided, however, that lothing herein contaL ned shall be construed to require consent or ;o prevent the Grantee of this franchise and grant from incluct ng .t in a mortgage or trust deed executed for the purpcs e of. abtaining money for corper ate objects . SECTION XV RIGHT OF CITY TO ADDS'TIc NAL YAY!di TS In the event the Grantee sha 1 pay any other Gity -jay >reater stipulated Percentage of gas smles: than hereinbefore irovided the City shall have the right upon demand Of requtri,ng ,rantee to pay for the same p?riod of time such higher prrcen- 'ages so pal d to such other city. SECTION XVI RIGHT OF CITY TO puROFASE C;AS �Y6TEL At the expiration of this franchise and grant, or a� any Lwdinai ce No. db Gont 'd G0Zi time during the .-.first 'stx months :of::tha -twenty-_�i.rst (21) or the twenty. �xth (26 ) year .of this franchise or the th tieth (30) - year dur-ing the term of this .franchise, the City, at its election and upon the payment of the fair valuation to be made iii the manner. hereinafter. provided, may purchase and take over to itself the gas: system, works , plant and property of the grantee in its en- tirety, as hereinafter defined and provided. The fair valuation of said gas system, m rks , plant and property, v& thin the City of Meridian, Idaa o, Customers Accounts Receivable and Accrued Unbi.lL- d Revenue, shall be ascertained and determined by a board of Appra9. sees composed of three (3) professional engineers , each of whom shall have had at least five (5) years experience in the design, construction and operation of gas works systems in cities , and at least five (5 ) years experience in the valuation of public utilities properties of equal magnitude to that to be appraised , one to be selected by the City, one by the Grantee , m d the two thus chosen shall select the third which said third appr3i ser shall not be otherwise employed by or connected directly cr indirectly with the City or Grad tee. The C-ity and the Grantee shall bear jointly, share and share alike, the cost including fees and expenses of the third appraiser and the cost and expenses of the Board, but the cost , includinE fees and expenses of each of the other two members of the board of appraisers , shall be paid by the Party by or on whcm behalf such evidence is introduced. If tr City elects. so to purchase, it shall. withln such time give written notice to the Grantee at its office in Bow , Id,,t o, and at the same time , or within fifteen (15 ) days thereafter appoint an appriaser, and va thin _3at d time give written notice cf such appointment to the Grantee, at its office in Boise , Idaho . . The Grantee shall, within fifteen (15) dey s after the receipt of sad last notice, appoint an appraiser and give written notice of sad appointment to the bwor or Cllerk of said City. These two appraisers within thirty (30) days after service of the last mentioned Notice , shall select the third appraiser and within said ti:;.e give written notice to the layor or Clerk of said City and to said Grantee of such appointment. Said third appraiser, shall -be Chairmen of said Board. If any appraiser so appointed shall die, resign, or refuse or fall to act, the party by whom he shall have been appointed shall within thirty (30) days after written demand by the other party appoint his succesw r. If the appraiser so dying, resigning or refusL ng or failing to act shall be the third appraiser his successor shall be selected in like manner. In event no agreement can be reached as to the appointment of a third appraiser, he shall be appointed by the Diskrict Court in aid for Ada County upon application of either party. The board of three appraisers , when selcted , shall forthwith proceed diligently to inventory and ascertain the fair valuation of Grantee 's gas system, works , plant and property, except Custo- mers Accounts receivable and Unbilled Revenue as it existed on the first of the month immediately preceding the date of the appoint- ment of said third appraiser and within ninety (90 ) days after the appointment of sm d thiM appraiser sai d Lloard shal I file Y& th the Clerk of Ueridiai , and with the Grantee identical written and signed reports cf such inventory and valuation, togeth�-r with the basis, rule or formula used by the Bm rd in arriving at sa ch fa&r valuation. Provided that the value of this franchise and grant shall not be considered or taken into account in fixing such valuation. The Grantee shall permit the Board at all reasonable times , free and complete access to and examination of as its books, records , files, dates and properties, which may relate to or have any bearing on, or relevancy, for the making of sad inventcry and valuation. The Board may make such investigation and, on reasonable notice to the City aid the Grantee , hold such hearings as in the Board 's discretion may be necessary for the purposes of making said inventory and appraisement. Both the City and the Grantee may be present at *any such hearing by their officers , agents , or attorneys, and may examine and cross-eXami-re witnesses grid introduce such other bvidence as t _ey desire. Within thirty (30) days after the filing of such report, inventory and valuation as above ?provided, either Cr- both the City and the Gran tee may serve upon the other and the Chairmac al' said hoard written exceptions to all or my part thereof. The Chairman shall fix a time , which time shall be within thirty (30) days following the expiration of the time for filing exceptions giving not lbs than ten (10) days notice thereof to the Board members to the City -anal :to the Grantee and ,at said time and place or such other time and place in leridiaz , Id€ o, to which the said hearing may be postponed by the Chairman , the -board shall proceed diligently to hear and 40 Ordinance No 85. Cont Id ' ctermine such excPntions and the City and Grantee shall be entitle d o appear , be represented and be heard thereat. Lipnn the close of such hearing the Board shall, within thi ty 30) days thereafter, file with the Ole rk of Lerida_m , Sdario, and ith the Grantee either identical written and sign--.d statements of my changes or modifications of the repro t, inventory and valuation revi.ously made, or at Its- election revised reper t, inventory m d ,ppraisement in the same form as provided for the original, bowing such changes and modifications, whereupon said report, .nventory and valuation as so revi.s.ed, changed, or modified sha11 hand as- the Hoard 's final report, inventory and valuation. In she event no changes or modifications are m de by the board in ,he report, inventory and valuation previously made , a written Lnd signed statement to that effect shall w,ithi.zi slid thirty (30) days )eriocl be likewise filed with the City Cork and the Gral tee and Lppended to the original report, inventory and appraisement which ;hall thereupon stand as the Board 's final report, inventory and tppraisement. The valuation so fixed by the board, or by any twc members Thereof in accordance, with the terms hereof, shall be fir-al and )inding upon the City and the Grantee and such valuation, together a th the cost to the Grantee of additions to its prolerty subsequent ;o the first of the month preceding the date of the appointment of ;he third aDpraiser, the cost of Rbatracts of title ar title insurance policies hereinafter required, plus the amount of Customers %ccounts receivable, less the sixty (60) days past due end Accrued :hZbilled Revenue of said gas system and plant as of the date on which payment for Grantee 's property is made , shall constitute the Fair valuation of the said gas system Yorks, plat and property to be purchased by the City and the purchase price therefcr ; oro-Vided , however, that if either party is dissatisfied with the valuation therefixed., it may appeal to the Distri at Court in and Dx Ada County,. Idaho, for determination by such court after trial as by law provided in the case of an appeal from the probate Court.; or such party may file in the District Court cf Ada County, an appropriate type of action for judicial determination of the vane of said gas system, wj_th right of appeal to Idaho supreme Court. After final determination, the Grantee shall be bound to sell and the City bound to buy, the Grantee 's gas system wa.rks, plant and prole rty for such purchase rr ice to be paid in lawful, money of the United States. cf America and on the terms and conditions herei.nsfter specified within six (6 ). months after the Board's said valuation becomes final, or. upon final court determination, or `ni thin. any extension of such time for which provision is herein made, provided the City has sufficient funds legally available therefor within said time , If sa ch funds are not so available then all right , option and obligations , if any, of the City to purchase, and all obligations of the Grantee to sell or require the City to buy all or az y part, of the Grantee 's gas system, works, Plant and property on such valuation and purchase =ice so determined shall be thereby and thenceforth released, discharged and terminated. The Grantee shall, however, and not less .than thirty (30) days: prior. to the expiration of the six (6) months period so fixed fcr the payment of- said purchase price, . submit to the City for its appro- val forms of deeds , assignments, bills of sale releases and conveyances , good and stifficient when executed to convey and transfer to the Gity the fee simple marketable title to all real estate and good title to all the remainder of Grantee 's gas system, works and property included in such sale and transfer, free and clean ant of_ all encumbrances except such as are payable from the purchase Price as hereinafter provided , together with the abstracts of title or title insure'; ce policies on such real estate sh i said real estate to be in Grantee- The Gity�shallwthinng h(30) dots after delivery of such instruments and abstracts mak., an o thereto, otherwise the title of Grantee shall be deemed approvedin and accepted. In case of mly vaL id objections the Grantee shall valid object.proceed with re asonalbe diligence to remove the same Should tions be made and- the City hare funds legally available for the purchase price within the maid six 6 ths or extended therefor, the ,time for the payment ofrsaidpveurcd limited , Price shall be extended until all vaL id objections to suer title or titl s are removed . Upon the removal of such abjcet5_ons and the pa�Tment of the purchase price as herein be consuMaUed and possession of Grant• epsovfded , the sale shall plant and property so _ gas system, works. to the Customers purchased and all books of account role tir�g maps data Accounts receivable purchased , and construction together withnconvee policies cies or ebs racts delivered to the City in s.t The Grantee Also a=°r e5. that u d by the Grantee. y the City Pon full payment or de Y said purchase price in the manner hereinafter fter ura finance NO, bO k.XnZ 'Q, - G-t L provided, the said gas system, works , plant and prope rt.- so purche '. small become the property of the City by 1rtue of this grant artd payment thereunder and without the execution of any Instrument or conveyance ,. but in no event shall the City have any rights whatever in or to Grantee 's gas system, works , plant and property until such purchase price is paid in full to Grantee or deposited in trust as hereinafter provided . Every mortgage, trust deed or other encumbrance hereafter created upon the property of the Grantee shall be subject and subordinate to the City 's right to purchase such property hereunder free and clear of all such mortgages:, trust deeds or otle r.• uncum- brances. as herein provided , If there be no such mortgage , trust d:3ads or other encumbrances at the time the purchase price is payable , it shall be paid to the Grantee;: otherwise the City shall deposit said purchase price with a bank at Bo.-ise , Ida;.o, in trust for and to be paid over to the trustee nar. `d in such mortgages, trust deeds acid other encumbrances and the Grantee , as their respective rights may be agreed upon or determined between themselves without further obligation on the part . o.f the- -':*t-r depcs it of said purchase price in trust by the City as „ocv-e Fri ided shall. release and discharge all property so purchased by the C �z from the lien of all such mortga$es,trust deeds and othsx- encuit brar_ces , but the holders thereof shall also, upon g ch deposit: it trust being made and upon the City 's demand , execute, aaknowled�c6 and deliver to the City corresponcng releases and discharger in writing, and any mortgage , trust deed , or other encu bi•Lr se hereafter nade upon the prop? rty of the Grantee shall 'i: tain appropriate provisions requiring the mortgagee, trustee , ar other lien-holder, as the case may be, to release from the lien thereof the gas system, works, plant and property to be sold to the City in the event at a sale and upon the City's con-pliance with the above provisions as to deposit of the purchase price in trust. Unon the final consummation of the sale and delivery e i possession of Grad tee 's gas system, works, plant and property to the said City and payment of the full purchase pc ice therefor , as I provided herein , this franchise and all other gas franchises from the City of leridia? , Idaho, held by the Grantee shall cease and become void and of no further force or effect. The time limited in this section for the doing of any act or thing may be extended by written agreement of t!ae City erid the Grantee, Whenever the phrase "gas system, works , plant acid property , of the Grantee in its entirety" is used in this Sectien XV1, the same shall comprise and consB t at' all the gas system, works, plant and property of Grantee situated within the corporate limits of Meridian, Idahho, as the sar: a exist as of the date of said City 's Notice of Election to purchase as provided herein excepting; therefrom and the same shall not include , property neither used ncr useful in the public service , ncr casts on hand or In bank, notes , bonds, shares c' stock, or other securities , nor Wy accounts receivable other than Customers Accounts Receivable less than sixty (60) days old as provided herein and none of said items so excluded from the meaning of said phz-ase shall be included in ay sale made to the city, nor any valuation under the provisions hereof, but the same shall remain the property of the grantee, nothing herein shall be construed as preventing the sale to the City cf any or all of Grantee 's gas system, works , plant x d property for such purchase price and on _'L ch terms and conditions as may hereafter be voluntarily and mutually agreed upon between the City and the Grantee, SECTION XVII PUBLICATION COSTS The Grantee sha 1 assume the cost of publication of this franchise as such publication Is required by law. SECTION XVII GAS STORAGE The Grantee shall not construct, erect or use any gas storage facilities in or vd thin three (3) miles of the City without first obtaining the written consent of the City to the erection, constructioi and use of such gas storage facilities.. SECTION XIX FORFEITURE Any violation by the Grantee, its vendee, lessee cr success rs. of the provisions of this ordinance, franchise and 7r•ant or any meterL portions thereof cr the failure promptly to pe rfcrm any of the provisions thereof shall be cause fcr the forfeiture cf this franchise and grant and all rights hereunder by the city after sixty (60) dws written notice to the Grantee aid the continuance- of sa ch v�.olat3,on, failure cr default; however, this Grantee from submitting Provision shall not prevent the determination. g such quests cn of forfeiture to proper court 242 Ordinance ho. bo �,on-G ,a SECTION XX SEPAhAEILITY if any part ar parts of this ordinance shall be ad judged-p ,he courts to be unconstitutional cr invalid, the same shall not affect the validity of any other part- or parts hereof .,u ich can be riven effect without the part or parts adjudged to be unconstitutional )r invaL id The City declAres: that it would have pas s.ed the remaining )arts- of this ordinance if it had been known that such other part or )arts thereof would be d unconstitutional or invalid. REPEAL All ordinances, and parts 7f 'ordlmn ces of City in conflict Zerev& th shan be, and the same are herebyrepealed. PASSMD EY THS CITY COUGIL, JAIZARY 79 1957. 610M ,D BY THE MAYOR, J ANLARY .7 1957. yor a ty Clerk