Section 13.7 REGULATION OF RATES.
   All public utility franchises shall make provisions therein for fixing rates, fares, and charges, and for readjustments thereof at periodic intervals at the discretion of the village. 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 predicated upon the franchise, goodwill, or prospective profits.
(Adopted 3-13-67)