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<br /> (A) Undergrounding programs including conversions <br /> and replacements which have been accomplished or <br /> are underway by the Company together with the <br /> Company's plans for additional undergrounding; and <br /> (B) Undergrounding projects anticipated by the <br /> city. <br />Such a meeting shall be held to achieve a continuing program <br />for the orderly undergrounding of electrical distribution <br />lines in the City. <br />Section 4. CooDeration with other utilities. When <br />undertaking a proj ect of undergrounding, the City and <br />the Company shall work with other utilities or <br />companies which have their lines overhead to attempt to <br />have all lines undergrounded as part of the same <br />project. When other utilities or companies are placing <br />their lines underground, the Company shall cooperate <br />with these utilities and companies and undertake to <br />underground Company lines as part of the same project <br />where feasible. The Company shall not be required to <br />pay the cost of any other utility in connection with <br />work under this section. <br />A new Article VIII shall be added to Ordinance 544 and shall <br />read as follows: <br /> ARTICLE VIII <br />Section 1- Change of Franchise Fee and Other Franchise <br />Terms. Once during each calendar year of the franchise <br />term, the City Council, upon giving thirty (30) days <br />notice to the Company of its intention to do so may <br />review and change the consideration the City may be <br />entitled to receive as part of the franchise; provided, <br />however, the City Council may only change the consider- <br />ation to be received by the City under the terms of <br />this franchise to the equivalent of consideration paid <br />by the Company to any City or Town in the State of <br />Colorado in which the Company supplies gas and/or <br />electric service under franchise. <br />The Company shall, upon request, report to the City <br />within sixty (60) days of the execution of a subsequent <br />franchise or of any other change of franchise in other <br />municipalities that could have a significant financial <br />impact on the consideration to be paid by the Company <br />to the City hereunder. If the City Council decides a <br />consideration shall be so changed, it shall provide for <br />such change by ordinance; provided, however, that any <br />change in the franchise fee is then allowed to be sur- <br /> - 3 - <br />