GroundRules
PUC § 6006
Where this section sits in the code
- Public Utilities Code - PUC
- DIVISION 3. PUBLIC UTILITY FRANCHISES BY LOCAL GOVERNMENTS [6001. - 6467.]
- CHAPTER 1. Franchise Provisions in General [6001. - 6092.]
- ARTICLE 1. Manner of Granting [6001. - 6017.]
The publication shall state the character of the franchise or privilege proposed to be granted, the term for which it is granted, and, if it is for a street railroad, the route to be traversed; that sealed bids therefor will be received up to a certain hour and day named therein, and that the successful bidder and his assigns shall during the life of the franchise pay to the county or municipality two percent (2%) of the gross annual receipts of the grantee arising from the use, operation, or possession of the franchise.
Collected 2026-09-14T05:56:33Z. Source file · JSON