§ 110.01 Franchise Granted

There is hereby granted to MidAmerican Energy Company, hereinafter called the “Company,” and to its successors and assigns for the period of twenty-five (25) years from and after the effective date of the ordinance codified in this chapter,† the right and franchise to acquire, erect, maintain, and operate in the City a gas plant or plants for the storage, transmission, distribution, sale, delivery or furnishing of natural gas for public and private use in the City and elsewhere, and to use the streets, avenues, alleys and public grounds and bridges in the City for the purpose of laying, constructing, maintaining, replacing and substituting mains, pipes, conduits and other facilities for the transmission, distribution, sale, delivery or furnishing of gas for public and private use in the City and elsewhere.

There is hereby granted to MIDAMERICAN ENERGY COMPANY, an Iowa corporation, (hereinafter called “Company”), and to its successors and assigns the right and non-exclusive franchise to acquire, construct, erect, maintain and operate in the City of Tiffin, Iowa, (hereinafter called the “City”), a gas distribution system, to furnish natural gas along, under, and upon the right-of-way, streets, avenues, alleys, and public places to serve customers within and without the City and to furnish and sell natural gas to the City and its inhabitants. For the term of this franchise, the Company is granted the right of eminent domain, the exercise of which is subject to Council approval upon application by the Company. This franchise shall be effective for a 25 year period from and after the effective date of this chapter.†