Act No. 2004
APPROPRIATING THE SUM OF THIRTY THOUSAND PESOS FOR THE PURCHASE OR CONSTRUCTION OF AN ELECTRIC LIGHT, HEAT, AND POWER SYSTEM IN THE CITY OF BAGUIO AND FOR THE MAINTENANCE AND OPERATION THEREOF UNDER THE DIRECTION OF THE SECRETARY OF COMMERCE AND POLICE FOR THE SALE OF ELECTRIC CURRENT FOR LIGHT, HEAT, AND POWER TO THE VARIOUS BRANCHES OF THE GOVERNMENT AND THE PUBLIC, AND FOR OTHER PURPOSES
By authority of the United States, be it
enacted by the Philippine Commission, that:
SECTION 1. The Secretary of Commerce and Police is hereby authorized to purchase any electric light, heat, or power system now existing in the City of Baguio, or, in his discretion, to construct a power plant and to erect along and over any and all streets, thoroughfares, and public places within the City of Baguio, whether the property of the Insular, provincial, or municipal government, poles, wires, and all necessary apparatus and appurtenances for the transmission and distribution of electric current for electric heat, light, and power; and for the purposes of this section and all expenses necessary to the accomplishment thereof, including the acquirement of a site for the power house, the sum of thirty thousand pesos is hereby appropriated out of any funds in the Insular Treasury not otherwise appropriated.
SEC. 2. When such electric light, heat, and power system shall have been purchased or constructed, it shall be maintained and operated under the direction of the Secretary of Commerce and Police, by the Bureau of Public Works or otherwise as he may direct.
SEC. 3. Authority is hereby granted for the sale to the various branches of the Government and to the public generally, at such rates and under such regulations as may he approved by the Board of Rate Regulation, of the electric current generated by said plant, for power, heat, and light.
SEC. 4. Any balance left over after the purchase or construction of the electric light, heat, and power system provided for in section one hereof is hereby constituted a reimbursable fund, to which shall be added all receipts of the plant on account of sales of electric current, to cover the expenses of operation and maintenance of the system, and any balance over the expense of operation and maintenance may be expended in further extension and improvement of the property or may be credited to the Insular Treasury to reimburse the Government for the cost of the purchase or construction.
SEC. 5. Whenever any private person or corporation shall make representations satisfactory to the Governor-General in regard to their financial standing and ability to purchase and manage the property, and to fulfill the requirements of the franchise in regard to extensions and service to the public and their willingness to purchase and pay for the property not less than the cost to the Government, it shall be the duty of the Secretary of Commerce and Police to offer the system at public auction and sell the same to the highest bidder for a sum not less than the cost thereof.
SEC. 6. This Act shall take effect on its passage.
Enacted, December 10, 1910
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