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CC - 1962 - 31 - Intention to Grant Water FranchiseRESOLUTION NO. 62-3/ A RESOLUTION,QF,THE CITY COUNCIL OF THE CITY OF ROSEMEAD DECLARING ITS INTENTION TO GRANT THE WATER FRANCHISE APPLIED FOR BY CALIFORNIA WATER;, AND TELEPHONE COMPANY UNDER DIVISION 3, CHAPTER.2 OF THE PUBLIC UTILITIES CODE OF THE STATE OF CALIFORNIA; KNOWN AS THE FRANCHISE ACT OF 1937. WHEREAS,.this City Council has received from California Water and Telephone Company, a corporation organized and exist- ing under and by virtue of the laws of the State of California, and engaged as a public utility corporation in transmitting and distributing water for all purposes under and pursuant to the provisions of Division 3, Chapter 2 of the Public Utilities Code of the State of California, for a franchise, which said application states, in compliance with the provisions of Section 6231 thereof, that the purpose for which the franchise therein applied for is desired is to lay and use pipes and appurtenances for transmitting and distributing water for any and all purposes under, along, across or upon the public streets, ways, alleys and places, as the same now or may hereafter exist within the City of Rosemead; and that the term for which the franchise therein applied for is indeterminate, as defined in Section 6264 of the Public Utilities Code of the State of California; and WHEREAS, said application further states that the applicant, if granted the franchise therein applied for, will pay to the City of Rosemead, during the life of such franchise, two per cent (2%) of the gross annual receipts of applicant arising from the use, operation or possession of said franchise; provided, however, that such payment shall in no event be less than one per cent (1%) of the gross annual receipts of applicant derived from the sale of water within the limits of the City of Rosemead under said water franchise. NOW, THEREFORE, BE IT RESOLVED that this City Council, under and pursuant to the provisions of Section 6232 of the Public Utilities Code of the State of California, does hereby declare its intention to grant to California Water and Telephone Company the franchise so applied for; and Tuesday, the 12th day of June, 1962, at 8:00 o'clock P.M., at the place where this City Council usually meets, to wit, 8815 East Valley Boulevard, Rosemead, California, is hereby fixed as the day, hour and place when and where all persons having any objection to the granting of such franchise may appear before this City Council and be heard thereon, (the time so fixed for such hearing being not less than twenty (20) nor more than sixty (60) days after the date of the passage of this resolution; and BE IT FURTHER RESOLVED, that the Clerk of this City Council is hereby directed to publish a notice at least once within fifteen (15) days after the passage of this resolution, in a newspaper of general circulation within this City of Rose- mead, to wit, in the Rosemead Review, in the words and figures as follows, to wit: "NOTICE OF INTENTION TO GRANT WATER FRANCHISE. TO WHOM IT MAY CONCERN: Notice is hereby given by the City Council of the City of Rosemead, that it intends to grant, under and pursuant to Division 3, Chapter 2 of the Public Utilities Code of the State of California, known as the Franchise Act of 1937, to California Water and Telephone Company, a corporation, a franchise to lay and use pipes and appurtenances for transmitting and distributing water for any and all purposes under, along, across or upon the public streets, ways, alleys or places, as the same now or may hereafter exist within the City of Rosemead; and that Tuesday; the 12th day of June, 1962, at 8:00 o'clock P.M.,; at the place where this City Council usually meets, to wit, 8815 East Valley Boulevard, Rosemead, California, is hereby fixed as the day, hour and place when and where any and all persons having any objection to the granting of said franchise may appear before this City Council and be heard thereon. At any time not later than the hour so set for the hearing of objections, any person interested may make written protest, stating objections against the granting of such franchise. Such protest must be signed by the protestant and be delivered to the Clerk of this City Council. i The term for which said franchise is proposed to be granted is indeterminate, as defined in Section 6264 of the Public Utilities Code of the State of California. The grantee of said franchise, and its success- ors and assigns, will during the life of said franchise, pay to the City of Rosemead two per cent (2%) of the gross annual receipts of the grantee and its successors and assigns arising from the use, operation or possession of said franchise; provided, however, that such payment shall in no event be less than one per cent (1%) of the gross annual receipts of the grantee, its successors and assigns, derived from the sale of water within the limits of the City of Rosemead under said water franchise. Said percentage will be paid annually from the date of the granting of said franchise, and in the event such payment shall not be made, said franchise will be forfeited. Dated: May 8, 1962. /s/ MILTON R. FARRELL Clerk of City Counci of t e City of Rosemead" BE IT FURTHER RESOLVED that the grantee of such franchise shall within five (0 days after the granting of the franchise, file a bond running to the City of Rosemead, issued by a corporate surety approved by the City Council, in the penal sum of $ , conditioned that the grantee shall well and truly observe, fulfill and perform each term and condition of the franchise and that in case of any breach of condition of the bond the amount of the penal sum shall be recoverable from the grantee and surety. PASSED, APPROVED AND ADOPTED this 8th day of May, 1962. /C MAYOR OF THE CITY OF SE EAD ATTEST: CITY CLERK - 2 -