Sec. 1. Election required on franchises.

No franchise shall be granted, extended or renewed by the city without the approval of a majority of the qualified electors residing within its corporate limits voting thereon at a primary, general or special election; and the mayor and council shall submit any matter for approval or disapproved to such election at any primary or general municipal election, or call a special election for such purpose at any time upon thirty (30) days' notice; and the mayor and council shall require, before calling any such election, that the estimated expense thereof (to be determined by the mayor and council) shall be first deposited by the applicant for such franchise with the clerk.

   Cross References: Elections generally, ch. XVI.

Sec. 2. Franchises to clearly identify affected public property.

All franchises or privileges hereafter granted shall plainly specify on what particular streets, alleys, avenues or other public property the same shall apply, and no franchise or privilege shall hereafter be granted by the city in general terms, or to apply to the city generally.

Sec. 3. Authority to regulate public utility rates and services.

Limited only by the Constitution and the laws of the State of Arizona, the power to regulate the rates, fares and charges for public utility corporations is hereby reserved to the people, to be exercised by them in ordinance of the mayor and council, or in the manner herein provided for initiating and referring an ordinance.

Any right or regulation shall further include the right to require the uniform, convenient and adequate service to the public, and reasonable extensions of such service and of such public utility works.