12-1-1: FRANCHISE GRANTED:
There is hereby granted to MidAmerican Energy Company, an Iowa corporation, hereinafter called the "company", and its successors and assigns, the nonexclusive right and franchise to acquire, construct, erect, maintain and operate in the city of Iowa City, hereinafter the "city", an electric light and power system including the right to erect and maintain the necessary poles, lines, wire, transmission lines, conduits and other appliances for the transmission and distribution of electric energy along, under and upon the streets, avenues and alleys to serve customers within and without said city, and to furnish and sell electric energy to said city and its inhabitants. The city council reserves to itself the right to extend this franchise to other public places at the request of the company. Rights are hereby granted for all existing facilities located in other public places prior to the date of this agreement. (Ord. 07-4294, 11-27-2007)