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1973 Council Ordinances
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1973 Council Ordinances
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Last modified
9/24/2019 11:09:57 AM
Creation date
3/22/2019 11:42:17 AM
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City Council
Council Document Type
Ordinances
Council Meeting Type
Regular
Ordinance Title
Granting Franchise to Northern States Power Company
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Subd. 4. Increases or decreases in rates or the <br />continuance of existing rates shall be based on forecasts <br />for the calendar year of filing of expenses, capital costs <br />and of the revenues required to enable Company to earn an <br />amount equal to the Allowable Annual Return defined in <br />Section 10, plus part or all of any debit balance <br />or less part or all of any credit balance in the <br />Stabilization Reserve Account as provided in Section 15. <br />Subd. 5. Company will annually supply <br />forecast data to the Rate Administrator in accordance with <br />the following schedule: <br />Revenue Budget November 1 <br />Expense Budget December 1 <br />Capital Budget December 15 <br />or on such later dates as the Rate Administrator may <br />authorize. <br />Subd. 6. On or before December 1, 1975, and at <br />intervals of no more than five years thereafter, Company <br />shall furnish a current study of its rate structure to the <br />Authority. <br />Subd. 7. On or before March 1 of each year <br />Company will supply Authority with a tabulation of <br />customers and revenues attributable to each Municipality <br />in the Metro Area for the previous calendar year. <br />Section 9. RATES; RATE FILING. Subdivision 1. Any <br />filing by Company with the Authority to change or continue <br />10 <br />
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