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HomeMy WebLinkAbout0027_2626 �c service of the same character as city service rendered to subscribers adjacent to the city9 during the preceding three months. That the said compensation shall be due and payable each three months, beginning with the 1st day of January, A.D., 1949, and each such installment of compensation shall be paid to the City Treasurer within thirty (30) days from the due date thereof. That in no event shall any quarterly payment be for a less sum than One Hundred Dollars ($100.00). That the said Telephone Company shall, at or before the time of the making of the said payments, make and file with the City Treasurer of said City, a complete statement and report, showing the gross receipts of said Tele- phone Company for the preceding three monthsl That in addition to the said reports, the said City shall at all reasonable times have the right to examine, inspect, and audit the books and accounts of the said Telephone Company, in determining the amount of compensation due by said Telephone Company to said City. That all of this provision shall also apply to each successor of said Telephone Company operating hereunder. 6th. That in consideration for the payment of said compensation, for the use,of the streets, avenues, alleys and other public property in said City, as herein provided, the City contracts and agrees that said compensation shall be paid and received in lieu of any and all other license, fees, service charge, exchange service, or other charge, by the City, for the use of said streets, avenues, alleys, and other public property and the same shall be full compensation for the privilege of doing business within the said City; provided, however, that the same shall not be held to cover or to include any ad valorem taxes that may be due or that may hereafter become due to said City from said Telephone Company, its successors or assigns. 7th. That all ordinances, and parts.of ordinances, in conflict herewith are hereby repealed. 8th. That the fact that THE SOUTHWESTERN STATES TELE] PHONE COMPANY is now operating within the City of Georgetown, Texas, without a franchise creates an emergency and public