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<br />The term "gross revenue" as used herein shall be construed to mean any <br /> <br />revenue derived under authorized rates, temporary or permanent, within the <br /> <br />City for the sale of electrical energy and gaseous fuels after the net <br /> <br />write-off of uncollectible accounts and corrections of bills theretofore <br /> <br />rendered, and in the event that the gross revenue of the Company for any <br /> <br />period of time during the term of this franchise is subsequently reduced <br /> <br />by virtue of a refund to any of the customers of the Company upon which the <br /> <br />above referred to franchise payment is calculated and as a result thereof <br /> <br />the Company has paid in excess of the percent of its gross revenue provided <br /> <br />herein as so adjusted for any such period of time, the Company shall be entitled <br /> <br />to a refund from the City of all of said amounts paid in excess of said percentage <br /> <br />of its gross revenue as adjusted by such refund. Payments shall be made on or <br /> <br />before the first day of February and August of each year, for the six months of <br /> <br />the calendar year next preceding. Payments for the portions of the initial and <br /> <br />terminal years of this franchise shall be made on the basis of revenue as above <br /> <br />derived for the months and portions of months in which this franchise is in <br /> <br />effect. For the purpose of ascertaining or auditing the correct amount to be <br /> <br />paid under the provisions of this paragraph, the City Clerk and/or any Committee <br /> <br />appointed by the City Council of said City shall have access to the books of said <br /> <br />Company for the purpose of checking the gross revenue received from operations <br /> <br />within said City. <br /> <br />ARTICLE VI. <br /> <br />Section 1. Term Effective Date. This ordinance shall become <br /> <br />effective, as provided by law, thirty days after its publication following <br /> <br />final passage, upon accepta.nce in writing by the Company within said period, <br /> <br />and the terms, conditions and covenants thereof shall remain in full force <br /> <br />and effect for a period of twenty (20) years from and after said effective <br /> <br />date. <br /> <br />Section 2. Remov'al. <br /> <br />Upon the expiration of this franchise, if <br /> <br />the Company shall not have acquired an extension or renewal thereof and <br /> <br />accepted same, it is hereby granted the right to enter upon the streets, alleys, <br /> <br />bridges, viaducts, roads, lanes, public ways and other public places of the <br /> <br />-6- <br />