Section 12.08.020 Franchise to Midwest Power Systems Inc.

    A non-exclusive franchise is hereby granted unto MIDWEST POWER SYSTEMS INC., a corporation, its successors and assigns, (herein "Grantee"), for a term of twenty-five (25) years, commencing with the date this Ordinance becomes effective, and Grantee is granted the right, to acquire, construct, install, maintain and operate gas plants, gas transmission, storage and distribution systems and related equipment and appurtenances (herein "Gas Utilities") used or to be used in the production, storage, transmission or distribution of natural gas, manufactured gas, liquefied petroleum gas or other hydrocarbon gases, or any mixture of gas over, across and under the streets, alleys and public grounds of the City of Sioux City, Iowa (herein "City") and to supply, transmit and distribute gas to all consumers within the present and future corporate limits of the City (herein "city consumers") and all consumers without the corporate limits for all lawful purposes, including public and private use, and upon such terms, conditions, restrictions and regulations as may be adopted pursuant to this Ordinance.  (Ord. 92/U-610; S-32787, 1977).