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Feb~q~.ary o lOOO o <br /> <br /> XV. All secondary distribution and transmission shall be solid grounded once in every 500 feet. <br /> <br /> XV1. All electrical construction shall be in strict accordance with the several sections of <br /> the National Code, covering the same. <br /> <br /> XVll. The contractor shall agree that ~urlng the period of this contract or until any ¢ompet~ <br /> lng franchise is granted by the Oounoil, the s~id rates shall, every three years, be lowered, if <br /> <br /> the average rates charged in other cities of the United States of the population of Portsmouth, or <br /> then <br /> less, at the time when computed, not using water power, shall he. found to be lower than the rates <br /> <br /> above mentioned; and said average rates so found shall stay in effect for the succeeding period of <br /> three years, or until the other termination of this agree~m~en~; but in no cas~ shall rates be'char- <br /> ged which are higher than the rates above mentioned. <br /> <br /> XVlll. The contras%or shall agree that electric current for lighting msnd power shall be a- <br /> available to consumers at all times, night ~ud day, and the failure to provide such service shall <br /> subject~ the contractor to a De~a!ty of $50 for each twenty-fourhours or part thereof, whichsh~ll <br /> be paid to the City as liquidated damages, The contractor further agrees that he will furnish ~ree <br /> renewals of !~mps to consumers upon request. <br /> <br /> 2. Should anybld be accepted by the Oouncil and the franchise grauted then~at the termina- <br />tion of said grant the plant as well as the proper~y, if any, of the grantee in the streets, ave- <br />nues and other public places shall thereupon be and become the property ofthe City or. Portsmouth, <br />should the City desire tc ack.ire the same, upon the payment of ~ fair valuation therefor. Should <br />.the City and the grantee be unable to agree ~pon a fair valuation then such~val~ation is to be de- <br />termined by thre~ disinterested persons, one selected by the Oity, one bmy the grantee, and the third <br />by the two so selected. <br /> <br /> 3. Should the bid accepted and the franchise gr~nted~be for the period of twenty years, then <br /> at the termination of said contract, ten years from the ~ate th~ereof, the said franchise shall con- <br /> tinue until the expiration of the grant upon the same terms and conditions as are herein above set <br /> forth, save and except with reference to the lighting of the streets and public buildings of the. <br /> Oity; but the Oity o~Portsmeuth reserves the right to rene~ the said ~ontraet at_the end of the <br /> said first period of ten yes.rs at~ p~iees not exceeding those in effect ~t termination of said con- <br /> <br /> 4. All bidders are to be invited to make their bids upon a ten year franch=se wmth ~ ten <br /> yemr contract, and a twenty year franchise with a ten year contract; and each bidde=is required <br /> to accompany his bid with a certified check payable to the City Treasurer in the sum of $5,000, to <br /> be forfeited to the City as liquidated damages should he f~il tooomply with his bid and execute <br /> the contract hereby required in the event of his bid beingm accepted and the franchise ,granted to him; <br /> but should his bid be not accepted then the said check is to b~ returned to him. <br /> <br /> 5- In the use of the streets, avenues an~ other public places, and in the conduct of his bu- <br /> siness generally, the grantee shall, in all respects, comply with the ordinsmoes of the Oit~ now in <br /> forc~ and to all amendments which may be thereto, from time to time made. <br /> <br /> 6~ Should the grantee fail to comply with any of the terms and conditions of his grant, or of <br />his contract, as herein required, and continue in such faiiuze for sixty days after written notice <br />from the Oity, through the chairman of the Joint Zight Committee, requiring him to comply with the <br />'same, then~the ~e, uncit of said City ma2 declare the said franchise and contract forfeited and may <br /> ~mmedi! ~take charge of the plant ~nd othe~ ~roperty of the grantee in the streets, avenues and <br /> other public places and maintain, control and operate the same. <br /> <br /> 7- The grantee shall obligate himself to execute a bond in some Surety Compa~y,'which shall <br /> be satisfactory to ~h~ C~tv Oo~neli. ~ the sum of five thousand ~$~.OOO~ dollars, for the true and <br /> <br /> <br />