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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />ORDINANCE NO. 670 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />AN ORDINANCE IMPLEMENTING A FRANCHISE FEE ON RELIANT <br />ENERGY MINNEGAScO NATURAL GAS OPERATIONS WITHIN THE <br />CITY OF MOUNDS VIEW <br /> <br />THE CITY OF MOUNDS VIEW ORDAINS: <br /> <br />SECTION 1. The City of Mounds View Municipal Code Appendix D is hereby amended to <br />include reference to the following Special Ordinance. <br /> <br />Subdivision 1. Purpose. The Mounds View City Council has determined that it is in the <br />best interest of the City to impose a franchise fee on those public utility companies that provide <br />natural gas and electric services within the City of Mounds View. <br /> <br />a. Pursuant to City Ordinance No. 625, a Franchise Agreement between the City and <br />Reliant Energy Minnegasco ("Minnegasco"), the City has the right to impose a franchise <br />fee of not more than four (4) percent on Minnegasco in amount and fee designs as set <br />forth in Section 4.1 of the Minnegasco Franchise. <br /> <br />Subd. 2. Franchise Fee Statement. A franchise fee is hereby imposed on Minnegasco <br />under its natural gas Franchise in the amount of four (4.0) percent of Minnegasco's gross <br />revenues, as defined in Section 4.1 of the Franchise commencing with Minnegasco's January <br />2001 billing month. <br /> <br />Subd.3. Payment. The said franchise fee shall be payable to the City in accordance with <br />the terms set forth in Section 4.4 of the Franchise. <br /> <br />Subd. 4. Surcharge. The City recognizes that the Minnesota Public Utilities Commission <br />requires each said utility company to add to its effective rates for the utility service on which the <br />public utility gross earnings fee is imposed, a surcharge to reimburse such utility company for <br />the cost of the fee. <br /> <br />Subd. 5. Proof of Company Gross Revenues. Minnegasco shall make each payment <br />when due and shall quarterly furnish a complete and correct statement of gross revenues for said <br />quarter. Minnegasco shall permit the City and its designated representative free access to the <br />company's records for the purpose of verifying such statements. <br /> <br />Subd. 6. Enforcement. Any dispute, including enforcement of a default regarding this <br />ordinance will be resolved in accordance with the Franchise Agreement. <br /> <br />C:\ADMIN\ORDINANC\CC\Ordinance 670, Minnegasco Franchise Fee 2001.doc <br />SJR-186449vl <br />MU210-14 <br />