§ 5. Regulation of Rates and Service.  

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  • The rates to be charged and exacted from the City of Wichita and its inhabitants, and the rules and regulations with reference to the character and quality and standards of service to be furnished by said Telephone Company shall be under the jurisdiction and control of such regulatory body, municipal or otherwise, as may from time to time during the term of this ordinance be vested by law with authority and jurisdiction thereover; PROVIDED, that if at any time there shall be no such regulatory body vested by law with the exclusive jurisdiction of the rates, regulations and quality and standards of service to be supplied by said Telephone Company, and if by the law the jurisdiction thereover shall be optional, with the sole discretion in the City, then the right and power to fix and determine rates and to prescribe standards and quality of service shall be vested in the Governing Body of the City of Wichita, Kansas.

    PROVIDED, FURTHER, that nothing herein contained shall be construed as waiving the rights of either the City or the Telephone Company to review in the courts, in such manner as is now or may hereafter be provided by law, the findings or order of said regulatory body.