R-098-11 - Laserfiche WebLink

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 BE IT FURTHER RESOLVED that the Clerk of this City Council is hereby directed to publish a notice at least once within fifteen (15) days after the passage of this resolution, in a newspaper of general circulation within the City of Colton, in the following form: "NOTICE OF INTENTION TO GRANT FRANCHISE NOTICE IS HEREBY GIVEN, that Southern California Edison, a corporation, has filed its application with the City Council of the City of Colton requesting that the City Council grant it a franchise for a twenty five (25) year term, under the Franchise Act of 1937, to install and maintain facilities necessary or proper for transmitting and distributing electricity for any and all lawful purposes under, along, across, and upon the public streets as the same now or may hereafter exist within the City of Colton. If the franchise is granted to it, Southern California Edison, its successors and assigns, hereinafter designated Grantee, will, during the franchise term, pay to the City two percent (2%) of the gross annual receipts of the Grantee arising from the use, operation, or possession of the franchise; provided, however, that such payment shall in no event be less than one percent (1%) of the gross annual receipts derived by Grantee from the sale of electricity within Colton. Such percentage will be paid annually from the date of the granting of the franchise applied for, and in the event such payment shall not be made said franchise will be forfeited. The City Council of the City of Colton proposes to grant the franchise for a twenty five (25) year term. NOTICE IS HEREBY FURTHER GIVEN, that any and all persons having any objections to the granting of the franchise may -2-