A. Municipal Compensation: The Licensee will during each calendar year throughout the life of this Chapter, supply without charge to the Village such an amount of electric energy as may be reasonably necessary for:
1. Lighting and various other uses in Municipal buildings solely occupied for Municipal purposes and not for purposes of revenue (or such part thereof as may, from time to time, be so occupied) as may be identified as eligible for such electric energy by the parties;
2. Traffic signals.
The foregoing arrangement shall be effective beginning with readings made after the date hereof of meters measuring electric energy for the above purposes at locations set forth in Exhibit B, attached to Ordinance 92-26 and on file in the office of the Village Clerk. Exhibit B shall be amended, from time to time, during the term of this Chapter so as to maintain a current list of the locations and traffic signals eligible to receive service under the terms of this Section. None of said electric energy so to be supplied without charge to the Village shall be used by the Village for heating, street lighting, water pumping or other such power purposes. Nor shall any of said energy be resold for any purpose whatsoever.
B. Waiver of Certain Fees and Charges: The consideration provided to the Village by this Chapter shall be in lieu of:
1. Any permit, license, inspection or other similar fees or charges imposed by the Village upon persons for use of the public ways; or
2. Any permit of license fee imposed by the Village upon any persons for the operation of a business similar to that conducted by the Licensee. (Ord. 92-26, 11-18-92)