HomeMy WebLinkAboutOrdinances (02)-03/16/1956
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AN ORDINANCE GRANTING 'ID TEXAS POWER & LIGHT OOMPANY, ITS
SUCCESSORS AJID ASSIGNS, AN ELECTRIC LIGHT, HEAT AND POWER
FRANCHISE.
BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE VILLAGE OF COLLEYVILLE, TEXAS:
Section 1: That there is hereby granted to Texas Power & Light Comp~,
its successors and assigns (herein J<:alled the "Granteett), the right, privilege
and franchise until March 1, ~ ". t9l.f to construct, maintain and operate in q/{ C
the present and future streets, alleys, and public places of the Village of <L/f--:;P
Colleyville, Texas, and its successors, electric light and power lines, with ~ {
all necessary or desir~ble appurtenances (including un:ierground conduits,poles,
wires, transmission lines and other structures and telephone wires for its
own use), for the purpose of supplying electricity to the said Village, the
inhabitants thereof, and persons and corporations beyond the limits thereof,
for light, heat, power and other purposes.
Section 2: Poles, structures and. other appurtenances shall be so
erected and maintained as not to interfere unreasonably with traffic over
streets and alleys. The location of all poles, conduits and ct her structures
shall be fixed under the supervision of the street and alley committee of the
Village of Colleyville, or the successors to the duties of that committee,
but not so as to interfere unreasonably with the proper operation of said lines.
Section 3: The service furnished hereunder to said Village and its
inhabitants shall be first class in all respects considering all circumstances,
and shall be subject to such reasonable rules and regulations as the Grantee
may make frOOl time to time. The Grantee may require reasonable security for the
payment of its bills.
Section 4: The Grantee shall hold the Village harmless from all expense
or liability for any act or neglect of the Grantee hereunder.
Section 5: That on acceptance of this franchise by Texas Power & Light
Company, it'shall pay to the Village of Colleyville, the sum of TWJ HUNDRED
EIGHTY-FIVE ($285.00) DOLLARS as street rental for twelve (12) months succeed-
ing Harch 1, 1956, and on March 1, 1957, and annually thereafter on March 1st
of each succeeding year for the life of this franchise, Texas Power & Light
Company, its successors and assigns, shall pay to the Village of Colleyville
a sum equal to t.wo per cent (2%) of its gross reverw.e received from the sale
of electric energy by said Company from its residential and commercial business
conducted within the corporate limits of said Vill~e for the preceding twelve
months ending December 31st, in full payment for the privilege of using and
occupying the streets, highways, easements, alleys, parks, and ot.her public
places in the Village of Co1leyville, whether as rental, supervision and
inspection charges, or otherwise, for twelve months succeeding March 1st of
year in which payment is made. This payment shall be in lieu of any other tax
01' increased rate of tax or other imposition, assessment, or charges, except
ad valorem taxes.
Section 6: The Grantee shall file its written acceptance of this franchise
within sixty (&>) days after its passage and approval.
Section 7: This franchise is not exclusive, and nothing herein contained
shall be construed so as to prevent the Village from granting other like or
similar rights and privileges to any other person, firm or coryoration.
PASSED AND APPROVED this / (., day of
\,p , 1956.
ATTEST:
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( SEAL)
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