Section 25.(33)
The City Council shall have the power:
To grant to any private person, or to any private corporation a franchise or permission for the erection or construction of water works within the city, and with all rights and powers pertinent thereto, including the right to use the streets and public ways for the purpose of laying pipes and other necessary appurtenances. Such franchise shall be used under such rules, and regulations and restrictions, including the rate to be charged for such water, as the council may from time to time prescribe;