Section 11.7. Regulation of Rates.

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Battle Creek Code of Ordinances

CODIFIED ORDINANCES OF THE CITY OF BATTLE CREEK MICHIGAN

PREMILINARY UNIT

PART TWO - ADMINISTRATION CODE

PART FOUR - TRAFFIC CODE

PART SIX - GENERAL OFFENSES CODE

PART EIGHT - BUSINESS REGULATION AND TAXATION CODE

PART TEN - STREETS, UTILITIES AND PUBLIC SERVICES CODE

PART TWELVE - PLANNING AND ZONING CODE

PART FOURTEEN - BUILDING AND HOUSING CODE

PART SIXTEEN - FIRE PREVENTION CODE

Section 11.7. Regulation of Rates.

All public utility franchises shall make provision therein for fixing rates, fares and charges and may provide for readjustments thereof at periodic intervals. The value of the property of the utility used as a basis for fixing such rates, fares and charges shall in no event include a value predicated upon the franchise, goodwill or prospective profits.

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