Inasmuch as the undergrounding of overhead lines in the urban renewal area will require a large capital outlay by the affected utility companies, it is reasonable that those utility companies receive at least a partial contribution for their expenses from the benefitted customers and inasmuch as the customers must convert or adapt their utility inlets to receive the new underground service, it is necessary to require them to provide at their own expense new facilities before overhead service is removed. It is hereby declared that, except as is otherwise provided by this chapter, the undergrounding and conversions or adaptations required thereby will be implemented and governed by a general written policy prepared by the affected utility company, provided that a written policy and any amendments thereto be first approved by the city. The written policy, with a resolution attached indicating city approval, will become effective when accepted by the city finance director for filing.
(1992 Code, § 14-132) (Ord. 112-73, passed 12-17-1973)