Section 14.9. Same -- Provisions for rates, fares and charges.

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Fremont, MI Code of Ordinances

CITY OF FREMONT, MICHIGAN CODE OF ORDINANCES

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Section 14.9. Same -- Provisions for rates, fares and charges.

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 predicted upon the franchise, goodwill or prospective profits.

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