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1 <br />1 <br />1 <br />COUNCIL MEETING <br />November 24, 1986 058 <br />written acceptance thereof by the Utilities Commission with the <br />City Clerk. The written acceptance by the Utilities Commission <br />sha11 also surrender all of its rights and privileges under the <br />1961 franchise. <br />2.2. Non - Exclusive Grant. The rights hereby granted are <br />not exclusive and the City may grant like rights to other persons <br />during the term of this franchise. <br />2.3. Area. The rights hereby granted extend throughout the <br />entire geographic area of the City, as said area currently exists <br />and may be changed. Grantee may, from time to time, make <br />reasonable additions and extensions to its existing gas <br />distribution system in the City. The City and the Grantee shall <br />• t <br />cooperate to promote the development and expansion of Grantee's <br />gas distribution system in the City. The Grantee shall comply <br />with the underground permit requirements of the City. <br />Section 3: Rates. <br />Rates charged by the Grantee to its customers for service <br />hereunder shall not be higher, for comparable classes of <br />customers, than the rates Grantee charges its customers in the <br />City of Circle Pines. <br />Section 4: Franchise Fee. <br />Commencing with the calendar year 1987, the Grantee shall <br />annually pay to the City seven percent (7 %) of the Grantee's <br />gross revenues from the sale of gas within the City. The <br />franchise fee to be paid pursuant to this Section shall be paid <br />based on the receipts from gas sold to the. Grantee's customers in <br />