As a professional, I understand the importance of creating content that serves a purpose and provides value to readers. When it comes to the topic of Southwest Gas Franchise Agreement 4924, there is a lot of information to cover. In this article, we will dive into the details of what a franchise agreement is, what Southwest Gas is, and what the significance of agreement 4924 is.

Firstly, let`s establish what a franchise agreement is. A franchise agreement is a legally binding contract between a franchisor and a franchisee. It outlines the terms and conditions under which the franchisee will operate their business. These terms include things such as the use of the franchisor`s trademark, the franchisee`s obligations, and the fees and royalties the franchisee must pay to the franchisor.

Now, let`s turn our attention to Southwest Gas. Southwest Gas is a natural gas distribution company that provides service to over 2 million customers in Arizona, California, and Nevada. The company was founded in 1931 and has grown to become one of the largest natural gas distributors in the western United States.

So, what is the significance of agreement 4924? In 2016, Southwest Gas entered into franchise agreement 4924 with the City of Phoenix, Arizona. This agreement grants Southwest Gas the exclusive right to provide natural gas service within the city limits of Phoenix. The agreement also outlines the terms and conditions under which Southwest Gas will operate within the city, including the fees and royalties they must pay to the city.

One notable aspect of agreement 4924 is its duration. The agreement is set to expire in 2036, meaning that Southwest Gas will have exclusive rights to provide natural gas service within the city of Phoenix for the next 15 years.

In conclusion, the Southwest Gas Franchise Agreement 4924 is a legally binding contract that grants Southwest Gas the exclusive right to provide natural gas service within the city limits of Phoenix. The agreement outlines the terms and conditions under which Southwest Gas will operate within the city and is set to expire in 2036. As a professional, it`s important to understand the significance of topics like this and create content that is informative and helpful to readers.