Every public utility and every grantee may be required by the metropolitan government
to permit joint use of its property and appurtenances located in the streets, alleys,
and public places of the metropolitan government by other public utilities and grantees,
in so far as such joint use may be reasonably practicable, and in accordance with
the provisions of the National Electrical Safety Code upon payment of reasonable rental
therefor; provided, that in the absence of agreement, upon application by any public
utility or grantee, the council shall provide for arbitration of the terms and conditions
of such joint use and the compensation to be paid therefor, which award shall be final.
Grantee may require any such person or entity to furnish evidence of adequate insurance
covering grantee and adequate bonds covering the performance of the person or entity
attaching to grantee's facilities as a condition precedent to granting permission
to any such person or entity to attach wires or equipment to grantee's facilities;
provided, that grantee's requirements for such insurance shall be reasonable.
