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<br />. <br /> <br />. <br /> <br />. <br /> <br />ORDINANCE NO. 688 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />AN ORDINANCE IMPLEMENTING A FRANCHISE FEE ON <br />RELIANT ENERGY NATURAL GAS OPERATIONS WITHIN THE <br />CITY OF MOUNDS VIEW FOR THE YEAR 2002 <br /> <br />THE CITY OF MOUNDS VIEW ORDAINS: <br /> <br />SECTION 1, The City of Mounds View Municipal Code Appendix D is hereby amended <br />to include reference to the following Special Ordinance. <br /> <br />Subdivision 1, Purpose, The Mounds View City Council has determined that it is <br />in the best interest of the City to impose a franchise fee on those public utility companies <br />that provide 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 <br />City and Reliant Energy (formerly Minnegasco), the City has the right to impose a <br />franchise fee of not more than four (4) percent on Minnegasco in amount and fee <br />designs as set forth in Section 4,1 of the Minnegasco Franchise. <br /> <br />Subd,2, Franchise Fee Statement. A franchise fee is hereby imposed on Reliant <br />Energy under its natural gas Franchise in the amount of four (4,0) percent of Reliant <br />Energy's gross revenues, as defined in Section 4,1 of the Franchise commencing with <br />Reliant Energy's January 2002 billing month, <br /> <br />Subd, 3, Payment. The said franchise fee shall be payable to the City in <br />accordance with the terms set forth in Section 4.4 of the Franchise, <br /> <br />Subd, 4. Surcharge. The City recognizes that the Minnesota Public Utilities <br />Commission requires each said utility company to add to its effective rates for the utility <br />service on which the public utility gross earnings fee is imposed, a surcharge to <br />reimburse such utility company for the cost of the fee, <br /> <br />Subd, 5, Proof of Company Gross Revenues, Reliant Energy shall make each <br />payment when due and shall quarterly furnish a complete and correct statement of gross <br />revenues for said quarter. Reliant Energy shall permit the City and its designated <br />representative free access to the company's records for the purpose of verifying such <br />statements, <br /> <br />Subd, 6, Enforcement. Any dispute, including enforcement of a default regarding <br />this ordinance will be resolved in accordance with the Franchise Agreement. <br /> <br />Subd, 7. Effective Date of Franchise Fee. Notwithstanding the effective <br />date of this ordinance and notwithstanding any contrary provisions in Section 4 of <br />