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PARTI-CHARTER <br />CHARTER COMPARATIVE TABLE <br />and the grantee, and the contractual right as contained in any such franchises shall not be impaired by <br />the provisions of this Charter, except that the power of the city to exercise the right of eminent domain <br />in the acquisition of any utility property is in all things reserved, and except the general power of the city <br />heretofore existing and herein provided for to regulate the rates and services of the grantee which shall <br />include the right to require proper and adequate extension of plant and service and the maintenance of <br />the plant and fixtures at the highest reasonable standard of efficiency. <br />Every public utility franchise hereafter granted shall be held subject to all the terms and conditions <br />contained in the various sections of this article whether or not such terms are specifically mentioned in <br />the franchise. <br />When the city chooses to exercise its power of eminent domain to acquire any public utility, the <br />procedure to be used in such acquisition shall be as set forth in V.T.C.A., Property Code §§ 21.011 to <br />21.065, inclusive. In valuing the property, the measure of damages shall be the fair market value of the <br />physical properties taken together as one system. This power shall be in addition to and cumulative of <br />any other powers of acquisition granted to or reserved by the city in a franchise ordinance. <br />Prior to the purchase of any existing franchised utility system, either according to the terms of the <br />franchise or by eminent domain, city council shall submit the question of purchase to the voters of the <br />city, and such must be approved by a majority of those voting. <br />Nothing in this Charter shall operate to limit in any way, as specifically stated, the discretion of council <br />or the electors of the city in imposing terms and conditions as may be reasonable in connection with <br />any franchise grant. <br />7.02. - Regulation. <br />a. Right of regulation. All grants, renewals, extensions or amendments of public utility franchises, <br />whether it be so provided in the ordinance or not, shall be subject to the right of the city: <br />1. To repeal the same by ordinance at any time for failure to begin construction or operation <br />within the time prescribed or otherwise to comply with the terms of the franchise, such power to be <br />exercised only after due notice and hearing. <br />2. To require an adequate extension of plant and service, and the maintenance of the plant and <br />fixtures at the highest reasonable standard of efficiency. <br />3. To establish reasonable standards of service and quality of products and prevent unjust <br />discrimination in service of rates. <br />4. To prescribe the form of accounts kept by such utility. If the franchise does not prescribe the <br />form of accounts kept by a utility, then it shall keep its accounts in accordance with the utility <br />system of accounts for said utility prescribed by the appropriate state and federal utility regulatory <br />agencies. <br />5. To examine and audit the accounts and other records of any such utility at any time and to <br />require annual and other reports, including reports on local operations by each such public utility. <br />6. To impose such reasonable regulations and restrictions as may be deemed desirable or <br />conducive to the safety, welfare and accommodation of the public. <br />7. To at any time require such compensation and rental as may be permitted by the laws of the <br />Page 26 of 32 La Porte, Texas, Code of Ordinances <br />