The right, privilege and franchise, subject to each and all of the terms and conditions contained in Sections 4.50.240 through 4.50.350, and pursuant to and upon the terms and conditions of Division 3, Chapter 2 of the Public Utilities Code of the state (the "Franchise Act of 1937"), is granted to Southwest Suburban Water, a corporation organized and existing under and by virtues of the laws of the state, to use and to lay and use pipes, conduits and appurtenances for transmitting and distributing water for any and all purposes, in, along, across, upon and under the public streets, ways, alleys and places as they now exist or may hereafter exist within the city.
(Ord. 383 § 2 Ex. A (part), 1986).