ORDINANCE NO. 776  


§ I. DEFINITIONS.
§ II. GRANT OF AUTHORITY.
§ III. GRANT NON-EXCLUSIVE.
§ IV. CONDITIONS OF RIGHT-OF-WAY OCCUPANCY.
§ V. CASH CONSIDERATION.
§ VI. ANNEXATIONS.
§ VII. STANDARDS OF SERVICE.
§ VIII. TERMINATION.
§ IX. SUCCESSORS AND ASSIGNS.
§ X. TERM.
§ XI. PUBLICATION COSTS.
§ XII. ASSIGNMENT.
§ XIII. SEPARABILITY.
§ XIV. REPEALER.
§ XV. ACCEPTANCE AND EFFECTIVE DATE.

AN ORDINANCE GRANTING A FRANCHISE TO HOBBS GAS COMPANY TO OPERATE AND MAINTAIN A GAS DISTRIBUTION SYSTEM IN THE CITY OF HOBBS, NEW MEXICO; GRANTING THE SAID COMPANY THE RIGHT TO INSTALL AND MAINTAIN GAS DISTRIBUTION FACILITIES IN PUBLIC RIGHTS-OF-WAY; ESTABLISHING CONDITIONS FOR THE GRANTING OF THE FRANCHISE; PROVIDING FOR PAYMENT BY SAID COMPANY OF A FRANCHISE FEE; AND CONTAINING OTHER PROVISIONS.

WHEREAS, the Hobbs Gas Company is now and has been engaged in the business of constructing and maintaining a gas distribution system within the City of Hobbs; and

WHEREAS, the City of Hobbs has previously granted to said Company a franchise to operate said facilities and wishes to grant another franchise governing future operations of said Company in the City.

NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF HOBBS, NEW MEXICO, that: