There is hereby granted to MidAmerican Energy Company, an Iowa corporation, hereinafter called “company”, and to its successors and assigns, the right and non-exclusive franchise to acquire, construct, reconstruct, replace, erect, maintain and operate in the City of Eldridge, Iowa, hereinafter called the “city”, a system for the transmission and distribution of natural gas along, under, over and upon the streets, avenues, rights-of-way, alleys, public places or public grounds (excluding parks) to serve customers within the city, and to furnish and sell natural gas to the city and its inhabitants. The City Council reserves to itself the right to extend this franchise to parks at the request of the company. The company is granted the right to exercise of powers of eminent domain. This franchise shall be effective for a 20-year period from and after the effective date of the ordinance incorporated herein this chapter.
(Ord. 2021-04, passed 4-19-2021)