Sec. 192. - Grant.

The council may by ordinance grant permission to any individual, company or corporation
               to construct and operate a public utility in the streets and public grounds of the
               city; subject, however, to the provisions of the general law requiring consents of
               abutting owners. It shall prescribe in the ordinance the kind and quality of service
               or product to be furnished, and shall provide for fixing the rate or rates to be charged
               therefor, and prescribe the manner in which the streets and public grounds shall be
               used and occupied, and any other terms and conditions conducive to the public interest;
               provided, however, that except for mass transportation utilities, no original grant
               of any public utility franchise, or renewal thereof, or extension of the time of such
               original grant, or change in rates, shall become operative until it shall have been
               submitted to the vote of the electors of the city and approved by a majority of those
               voting thereon. Provided further, however, that the provision hereinabove contained
               concerning the change in rate or rates shall not apply to the rate or rates fixed
               by a formula contained in any such original grant.
               
            
               (Adopted 11-3-53.)