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HomeMy WebLinkAbout04 04-20-1953ORDINANCE NO. 4 ORDINANCE GRANTING TO TEXAS POWER & LIGHT C0MPANY, ITS SUCCESSORS AND ASSIGNS, AN ELECTRIC LIGHT, HEAT AND POWER FRANCHISE. BE IT ORDAIi�1 ED BY THE VILLAGE COUNCIL OF THE VILLAGE OF 2- ULUSS, TEXAS: Section 1: That there is hereby granted to Texas Power & Light Company, its successors and assigns (herein called the "Grantee "), the right, provilege and franchise until May 1, 2003, to construct, maintain and operate in the present and future streets, alleys, and public places in the Village of Euless, Texas, and its successors, electric light and power lines, with all necessary or desirable appurtenances (including underground conduits, poles, wires, transmission lines, and other structures and telephone vrires 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 other structures shall be fixed under the supervision of the street and alley committee of the Village of Euless, or the successors to the duties of that committee, but not so as to inter- fere unreasonably 7t7ith 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 reason- able rules and regulations as the Grantee may make from time to tine. 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 Euless the sum of TWO HUNDRED FIFTY (1250.00) DOLLARS, as street rental for twelve months succeeding May 1, 1953; and on 1,,Ay 1, 1954, and annually thereafter on May lst of each succeeding year for the life of this franchise, Texas Power & Light Company, its successors and asst ns shall pay to the Village of Euless a sum equal to t?,10 per cent 2 %3 of its gross revenue received from the sale of electric energy by said Company from its residential and commercial business conducted within the corporate limits of said Village for the preceding twelve (12) months ending March 31st, in full payment 2)r the privilege of using and occupying the streets, highways, easements, alleys, parks and other public places in the Village of Euless, whether as rental, supervision and inspection charges, or otherwise, for twelve months succeeding Hay 1st of year in which payment is made. This payment shall be in lieu of any other tax or increased rate of tax or other imposition, assessments, or charges, except ad valorem taxes. Y , Section 6s., The Grantee shall file its written acceptance of this franchise t.�tithin sia ty (60) days after its passage and approval. Section 72 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 corporation. PASSED AND APPROVED this the 20th day of April, A. D. 1953. ATTEST: J. S. AIMEIRSOIi City Secretary JOE U11PF,RE,SS Mayor — 2 —