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HomeMy WebLinkAboutOrd1963-326 t I i I j I I ORDINANCE NO. 326 AN ORDINANCE AMENDING SECTION 10 (UTILITIES) or THE SEWARD GENERAL CODE OF ORDINANCES BY ADDING THERETO NEW SECTIONS 10.400 TO 10.404 (TELEPHONE), CREATING NEW RATES FOR 'niE FURNISHING OF TELEPHONE SERVICE TO RESIDENTS OF 'niE CITY OF SEWARD, AND PROVIDING FOR AN EFFECTIVE DATE. 'niE CITY OF SEWARD, ALASKA ORDAINS: That Section 10 (Utilities) of the Seward General Code of Ordinances be amended by adding thereto Sections 10.400 to 10.404 (Telephone), with provisions for the effective date thereof: Section 10.400 Definitions. Company shall be the Alaska Telephone Corporation, its legal assigns or successors, or others operating under proper franchise granted by the Common Council of the City of Seward. City shall be the City of Seward, Alaska. Telephone Service shall be any service offered by a duly franchised company for the purpose of communication. Section 10.401 Rates. After pUblic hearing of interested witnesses, examination of relevant evidence and consideration of oral argument, the Common Council of the City does hereby mOdify, fix, regulate and establish the following rates, and no other, for telephone service to subscribers located within the corporate limits of the City of Seward, Alaska: TYPE OF SERVICE RATES PER MON'ni Business in base Rate Area Individual Two Party Mul ti Party On Premises Extension Off Premises Extension Trunks Teletype - Two Wire Circuit $16.50 14.00 12.50 2.50 5.00 16.50 14.40 Residence in base Rate Area Individual Two Party Multi Party On Premises Extension Off Premises Extension $11.00 9.00 7.75 1.75 5.00 Page 1 of three pages r Section 10.402 Rate of Return. Company shall at no time make or be entitled to more than a reason- able return, as determined by the Common Council of the City, on its net capital investment, represented by initial investment for property actually used and useful in the public service, regardless of subsequent changes in ownership, plus capital additions and minus accrued depreciation. For this purpose the Company shall furnish to the City annually an independent audit by a certified public accounting firm authorized to conduct its business in Alaska, reflecting the financial activities of the Company in Seward in con- nection with its telephone franchise. The City reserves the right at any time to adjust the rates established herein, wbether by lowering or raising said rates, to conform to the provisions of this section. Section 10.403 Public Service Telephones. Company shall at all times, at its own cost or at the cost of others, maintain telephone service available to the public at the Seward Small Boat Harbor and at the Seward Municipal Airport. ~ I- The effective date for Section 10.401 shall be January~, 1964. Section 10.404 Effective Date. All ordinances and parts of ordinances in conflict herewith are hereby repealed. A determination that any part of this ordinance is invalid shall not affect the validity of any remaining portions or provisions hereof. The Company shall, upon demand, pay the costs of publishing this ordinance. Publication of this ordinance shall be made by posting a copy hereof on the City Hall Bulletin Board from 29 August 1963 through 10 October 1963 (being ten (10) days following the telephone franchise referendum election). First reading: 5 August 1963 Second reading: 19 August 1963 Page 2 of three pages PASSED AND APPROVED by the Common Counc1l of the City of Seward, Alaska, this 29th day of August, 1963. ~~ Q ~AL;; Per R. Stockton Mayor Attest: ~~At~~ C1ty C1erk-TF.a&~rer .Approved as to form and content: Page 3 of three pages