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2. <br />RATE: <br />For the Pirst 35 K.W.H. per month per K.x.h. ................ 4.0¢ <br />For the next 65 k.w.h. " tt n a ................ 3900 <br />For the neut 150 k.x.h. u n n a .. .............. 2.25¢ <br />For all eaceess over 250 k.x.h. per mpsth per k.x.h. .........,, 1.50 <br />Ni ni M*n eharge - 6N per munth per installation. <br />Geaeral Commercial - Alternatinjr Current - Applicable to commereial <br />installaticns using alternating enrrent having a demand less thars ?A k.x. <br />RATE: <br />For the first 100 k.x.h. per month per k.w.h. ................ 4.0* <br />For the neat 100 n n n n u ................ 3.3¢ <br />For the neoct 2300 n n n a a ................ 2.8# <br />For all eacesa flver 2500 k,K.hs per mIItll per g?iif??3? ? ? ? ? ? ? ? ? ? ? • 1,5# <br />Minimnm charge - 60# per month per installatioa. <br />The term "demand" as usmd herein means the kilowatt demand determinecl <br />month7y by demand measurements aad ahall be the average of the xeek]y maximi- <br />oae hovr kilowatt demands during the month. <br />There ahall be the following excpetion to the foregoing schedules <br />of rates, namely: <br />That any person, firm or eorporation snpplyiag electricity Yor <br />general commercial and residential use in the Village of NCrth Olmsted, which <br />shall accepttbis ordinance shall reduee the am4unt oY the du1y, 191+7 bilt of <br />each general comnercial alternating current and residential customsr oY such <br />person, firm or ccrporatioa in the 9illage of North 0]m3ted, by an amount equal <br />to eighty-eight and five-teaths percent 18$.5%) cf the amaunt of the 2qarch, 1947 <br />bill of such customer, or by eighty-eight and five-tenths per cemt (88.5%) of such <br />.Tuly 1947 biil of such custcmer, ?ahichever is the greater. If the amDunt of such <br />reductioa eacceeds such July 1947 bill, then the eacesa shall be applied to the <br />reducti"san of bills of such cnstoffier for the same claas of service supplied to <br />such customer prior t?o December 24, 1947. As used in this ordiaance the term <br />"Karch 1947" bill sha11 mean the suncunt billed a geueral commercial alternating <br />current or residential customer at the schedttle of rates abc>ve!>set Yortb for <br />Ki].owatt-hurs cxonsuaed by such customer, during the munth]y cycle hilliug <br />period ending on March 25, 1947, and the tem pduly 1947" bill of aqy ctistomer <br />shall mean the ampvat billed a general comnercial alternatirig eurrent or reai- <br />dential custcmer at the schednle oi rates abome set forth for kilowatt-hours a>n- <br />sumed by such custc>msr duriag the moath]y cycle bit ?? peric>d ending on <br />July 24, 1947. If the moath7y billing perioda for general oc?mnercial alternating <br />current or residential custvmers of at?y sueh persons tirm or corporation cb not <br />cc>ineide xith the period hereinbefore defined, then the mr3gthly bi l perioda <br />of such person, firm or corporation whieh mDst nearly coineide xith the ones here- <br />inbeYore defined sha11 be snbstituted for the ones hereinbefore defined. <br />Section 2. That such person, firm or corporatiQn shall furnish and <br />keep in repair meters for the meaeurment of eleatricity so consumed io.thout <br />making any separate charge f'or the use or repair oP them. <br />Sectian 3. It is not intended by this ord3nanca that the Yillage <br />shall hereb,q exercise arq poers it may have to regulate rates at wbich general <br />eomercial or residential electric serPice shall be pruvided to the Village <br />and ita inhabitants, but oaly to offer to coatract r+ith aray person, firm or <br />corporation xhich may accept this ordinance as herein provided. <br />Section k. That the acceptaace of this ordiaanee by any person, <br />firm, or corporation supplying electricity to the Village of North Olmsted and <br />to its inhabitants by filing a written acceptnace with the Clerk of this nillage <br />within ten days after this ordinance shall take effect, shall constitute a <br />valid and binding oontract. <br />Section 5. That this ordinance shall be in force and ePfect Por a <br />period of four years from its effective datef provided, however, that at any <br />time after the expiration of the first e3ghteen manths of the etYectire period <br />of this ordinance the Village at its option may elect to erminate ary contract <br />resulting from the acceptance of the prvvisions of this ordinance by ary person,