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Ordinance 605
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Ordinance 605
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6/4/2007 2:43:54 PM
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<br />. <br /> <br />. <br /> <br />. <br /> <br />SECTION V. PROOF OF COMPANY FINANCIAL STATUS <br /> <br />Each said company shall make each payment when due and shall furnish therewith a <br />complete and correct statement of revenues for the period. Such company shall permit the City <br />and its representative free access to the company's records for the purpose of verifying such <br />statements. <br /> <br />SECTION VI. <br /> <br />ENFORCEMENT <br /> <br />Any dispute, including enforcement of a default regarding this ordinance will be resolved <br />in accordance with Section 2.5 of the Franchise Agreements. <br /> <br />SECTION VII. <br /> <br />EFFECTIVE DATE <br /> <br />Notwithstanding any contrary provisions in Section 4 of the present Electric Energy <br />Franchise Agreement and Gas Energy Franchise, Ordinance Nos. 517 and 518 respectively, the <br />effective date of this ordinance is thirty (30) days after its publication and thirty (30) days after the <br />sending of written notice enclosing this proposed ordinance upon Northern States Power <br />Company by certified mail. The City and Northern States Power Company acknowledge that the <br />effective date of this ordinance upon thirty (30) days after the sending of written notice enclosing <br />this proposed ordinance to Northern States Power Company by certified mail is a deviation from <br />the requirement of Section 4.1 of both Ordinance Nos. 517 and 518, and that the requirements of <br />Section 4.1 of both Ordinance Nos. 517 and 518 shall control future franchise fee agreements <br />between the City and Northern States Power Company. <br /> <br />SECTION VIII. <br /> <br />SUNSET CLAUSE <br /> <br />This ordinance shall automatically sunset on December 31, 1998. <br /> <br />Ordinance Introduction: <br />Ordinance Adoption: <br />Date of Publication: <br />Effective Date: <br /> <br />October 27, 1997 <br />November 10, 1997 <br />Novemp9l' 14, 1997 <br />D.e.~~. lier 13, 199~~ <br /> <br />.~ ( <br />,0 _ . ~~ <br />Mayor <br /> <br />ATTEST: <br /> <br />(SEAL) <br /> <br />cY2J~ t1)~ ' . <br /> <br />Clerk - Admi strator <br /> <br />APPROVED AS TO FORM: <br /> <br />City Attorney <br />
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