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i g~rs~ <br />Section 11. Reports by Company. <br />The Company shall deliver to the Finance Officer or to any <br />other officer or authority designated by the Council, at the time of <br />each payment required under Section l0 hereof ~ a report verified <br />under oath by the president, treasurer, general manager, or other <br />responsible officer of the Company, setting forth such detailed <br />information as may be prescribed by the Council, or its authorized <br />representative, for the purpose of determining the amount of the <br />payment then due to the City under Section 10. The books and <br />records showing Company's gross revenues from the gas sales <br />referred to in Section 10, shall always be open to inspection <br />by the Finance Officer, or by any other authorized repre- <br />sentative of t~,e City for the purpose of ascertaining the <br />amount payable to the City under Section 10 , or of verifying <br />any statement or report submitted by Company. pursuant to the <br />provisions of this Section. <br />Section 12. Company to Pa all City Taxes and Fees, <br />Nothing contained in this franchise shall give the Company <br />any credit against any non-discriminatory business tax or ad <br />valorem property tax now or hereafter levied against real or <br />personal property within the City, or against any local improvement <br />assessment imposed on the Company, or against any permit fees or <br />inspection fees required by the construction codes or other <br />ordinances of the City which are or may hereafter be adapted. <br />Section l3. Valuation for Eminent Domain. <br />1n the event the City should desire to acquire the property <br />of the Company in the City and adjacent territory by purchase, <br />condemnation, or otherwise, the price to be paid by the City <br />-5- <br />