§ 6. Rates.  


Latest version.
  • The district agrees for and in behalf of itself, its lessees, successors, and assigns that all authority and rights in this ordinance contained shall at all times be subject to all right, power and authority now or hereafter possessed by said city or any other regulatory tribunal having jurisdiction thereover to regulate, fix, and control just, reasonable, and compensatory gas rates, taking into account the rights of, and the obligations and duties of the district to the holders of revenue bonds or other obligations of the district hereafter issued by the district to finance the construction or acquisition of its gas system or systems.