The Council may by ordinance grant permission to any individual, company or corporation to construct and operate a public utility in the streets and public grounds of the City. It may prescribe in the ordinance the kind and quality of service or product to be furnished, the rate or rates to be charged therefore, the manner in which the streets and public grounds shall be used and occupied, and any other terms and conditions conducive to the public interest.
(Effective November 9, 1931)