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produces $204,964 is the closest combination to the target of $200,000. The lower reliance on gas <br />also mitigates the fluctuation of fees due to changes in gas prices. <br />It would be staff's recommendation to accept Xcel's current proposal (with suggested modification), <br />and draft the franchise agreement in such a way that if subsequent events allow for percentage fees, <br />the City can elect to adopt this method at the time of a sunset date. Attached are the ordinances for <br />franchise renewal and the implementation of the franchise fees. <br />Attachments E: <br />Attachments F: <br />Attachments G: <br />Xcel Drafted Franchise Agreements <br />Xcel Drafted Ordinances <br />Sweeney Drafted Ordinances <br />3 <br />