Grant of Electric Light, Heat and Power System Franchise to Mr. Quirino Gonzales
Republic Act No. 3249, approved on June 17, 1961, grants Mr. Quirino Gonzales a 25-year franchise to install, operate, and maintain an electric light, heat, and power system in Buug, Zamboanga del Sur. The franchise is subject to existing laws and allows for the generation and distribution of electricity within the municipality. The National Power Corporation is authorized to negotiate rates if Mr. Gonzales purchases electricity from them. Additionally, if the government decides to operate the system, Mr. Gonzales must surrender the franchise and transfer serviceable equipment at depreciated cost. The Act became effective upon approval.
June 17, 1961
REPUBLIC ACT NO. 3249
AN ACT GRANTING MR. QUIRINO GONZALES A FRANCHISE TO INSTALL, OPERATE AND MAINTAIN AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF BUUG, PROVINCE OF ZAMBOANGA DEL SUR
SECTION 1. Subject to the terms and conditions established in Act Numbered Thirty-six hundred and thirty-six, as amended by Commonwealth Act Numbered One hundred and thirty-two, and to the provisions of the Constitution, there is granted to Mr. Quirino Gonzales, for a period of twenty-five years from the approval of this Act, the right, privilege and authority to construct, operate and maintain an electric light, heat and power system in the Municipality of Buug, Province of Zamboanga del Sur, for the purpose of generating and distributing electric light, heat and/or power for sale within the limits of said municipality. cd
SECTION 2. In the event that the grantee shall purchase and secure from the National Power Corporation electric heat and power, the National Power Corporation is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates.
SECTION 3. It is expressly provided that in the event the Government should desire to maintain and operate for itself the system and enterprise herein authorized, the grantee shall surrender his franchise and will turn over to the Government all serviceable equipment therein, at cost, less reasonable depreciation.
SECTION 4. This Act shall take effect upon its approval.
Approved: June 17, 1961
Published in the Official Gazette, Vol. 58, No. 8, p. 1470 on February 19, 1962