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Resolution 422 RESOLUTION NO.422 WHEREAS, Pacific Gas and Electric Company,a California utility corporation,has filed with the Common Council of the City of Gilroy an application requesting that a franchise be granted, to it of the character and for the purposes mentioned in the form of notice here- inafter mentioned in the form of notice hereinafter set forth;and WHEREAS,in the opinion of said Council the public good requires that said franchise be granted; NQW,THEREFORE,BE IT RESOLVED that said Common Council intends to grant said franchise, that he~ring of objections to the granting thereof will be held at the time and place specified in the form ~ 1~~\J of notice hereinafter set forth which the Clerk of said City is hereby directed to publish at least once within fifteen days after the passage of this resolution in Gilroy Evening Dispatch,a news- paper of ~eneral circulation within said City, and that said notice shall be in the following word and figures: RESOLU Tlb~Q tfM~:N~blff'*P~ rl~"T-\+~~t T~~~N9fil~~ HI SE NOTICE IS HEREBY GIVEN that Pacific Gas and Electric Company,a California utility corporation,has filed its application with the Common Council of the City of Gilroy re- questing said Council to grant it a franchise for an indeterminate period,under the Franchise Act of 1937,to construct,maint ain,and use poles, wires, conduits and appurtenances, including communication 'oitouits,in,along,across,upon and under the public streets and places within said City for transmitting and distributing elec- tricityto the public for any and all purposes. If said franchise be granted to it,said Pacific Gas and Electric Company,its successors and assigns,here- inafter designated grantee, shall during the period commencing on the effective date of said franchise and terminating on June 17,1972, pay to said City two per cent of the gross annual receipts of grantee derived from the sale of electricity within the limits of city. Thereafter said grantee shall during the life of said franchise pay to said City two per cent of the gross annual receipts of said ~rantee 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 of the gross annual receipts derived by grantee from the sale of electricity within the limits of said City. All franchise payments will be paid annually from the date of the granting of the franchise applied for and in the event any such payment shall not be made said franchise shall be forfeited. Said Common Council proposes to ~rant said franchise for an indeterminate period. NOTICE IS HEREBY FURTHER GIVEN that any and all persons having any objections to the granting of said fran- chise may appear before.said Council at the City Hall of said City at the hour of A p.m. on Monday,the 13th day of May,1957, and be heard thereof;and NOTICE IS HEREBY FURTHER GIVEN that at any time not later than the hour so set for hearing objections any person interested may make written protest stating objections against the granting of said franchise which propest must be signed by the protestant and delivered to the City Clerk of said City,and the Council shall at the time set for hearing said objections proceed to hear and pass upon all protests SID made. For further particulars reference is hereby made to said application filed as aforesaid in the office of said Council, and also to the resolution adopted on the 15th day of April,1957,declaring its intention to grantsaid franchise. Dated:April 16,1957. By order of the Common Council of the City of Gilroy. (] \0, (l.~~ Clerk of the City f Gilroy The foregoing resolution was duly passed and adopted by the Common Council of the City of Gilroy at a regular adjourned meeting of the said Common Council held on the 15th day of April,1957,by the follow- ing vote: AYES: NAYS :; ABSENT: Councilmen Pate,Sanchez,Gallo,Petersen,Rush,Wentworth Councilmen None Councilmen None ["1 LJ ATTEST: _R~ (U~ Clerk oiffr~the C:i!ty of Gilroy ([. ~ of of Gilroy