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Moilnd~ ~ ^ew <br /> <br />ORDINANCE N0.746 of <br />CITY OF MOUNDS VIEW of <br />COUNTY OF RAMSEY <br />STATE OF MINNESQTA <br />AN ORDIN/tNCE IMPLEMENTING A <br />FRANCHISE".FEE ON XCEL ENERGY E <br />ELECTRIC AND NATURAL bas <br />OP£RMTKIM6 YVITFaN 7HE GfrY OF <br />MOUNDS VIEW FOR THE YEAR 2005 ~ <br />THE CITY OF MOUNDS VIEW <br />ORDAINS: <br />SECTION 1. The City of Mounds View.. <br />' <br />Municipal Code Appendix D is hereby 2 <br />amended to include reference to .the <br />fdlowing Special Ordinance. <br />Subdivision 1. Purpose. The Mounds <br />hat 't <br />this ordinance and notwithstanding any <br />contrary provisions in Section 4' of the <br />renchise Agreements, the effective date <br />the fee coNected under Subdivision 2 <br />this ordinance is the Ie~t oP ten (10) <br />days after the publication artd after 111e <br />sending of written notice enelositp a <br />copy of this adopted,arcfinarxe upon Xcel <br />nergy by certified nraN. <br />Subd. 8. Sunset C~uae. This <br />rdinance shall automatic~y eunset on <br />ecember 31, 2005. <br />SECTION 2. This ordinance takes effect <br />as provided herein. <br />Read by the City Council otthe City of <br />Mounds View this 23rd day of August, <br />004. <br />Read and passed by the City Councl of <br />the city of Mounds View this 13th day of <br />September, 2004. <br />View City Council has detemm~ed t r ~~ L.inke <br />is in the best interest of the City to impose Mayor <br />a franchise fee. on those public, utility Kurt Ulrich <br />cx;tmper~ies Nrat provide natural gas and ~y Clsrlt-Adminktretor <br />electric services within the City of APPROVED AS TO FORM: <br />~~ VievK Scott Ri s Ci Attorney <br />a. Pursuant to City.Ordinance No. 517 Bulietin9Sept. 2, 2004) <br />and Ordinance No 518 which ere the ~ <br />Franchise Agreements ("Franchise - <br />Agreements? between the' City of <br />Mounds ' VieVY (the "City") and Xcel <br />Energy (formerly Northern States Power <br />Company), a franchise fee of noY more' <br />than fo4r (4.0) peroeM of Xcel Energy's <br />gross .operating. revenues may be <br />imposed by the City at any time .during <br />1tre;p0 yrasr:term of the Franchise. The <br />ffemchise fee Is paid as fuA compensation <br />.for ttre righffi to transmit and furnish <br />stec~c energy for light, he~;,power and <br />..import,; tranlport, sell end distribute <br />naiti~ gas foie heeding, illuminating and <br />otitar pdfpgses as ougined in Section 2 of <br />Ordirtanae Nos. 517: and 51 fl.:. " <br />Subd. 2. Ft~ocfd86 fee Statement. i4 <br />frar~se ~ hereby Irnposed'on Xcei <br />Errsrgy under ifs electric and natural gas <br />Franchise Agreements in the., amount of <br />~' (4.0) percent of Xoe( Eniffgy's gross <br />raveraras. llt:~ kr gectirn14.2 Of the <br />Frar>i;t-ise /-gi~eements, commencing with <br />"Xce1 Energy's January 2005. billing <br />monlfr: <br />Sutid. 3.' Payment. The said franchise <br />fee shah be payable to the City in <br />accordairce Wilt she terms set forth in <br />9 , Becton 4 of the Frenchise Agreements. <br />Subd. 4. Surcharge. The City recognizes <br />that fhe .Minnesota Public -U[Iitties <br />Commiftsion roquires each said utility. <br />company to add to 1~ effective rates for <br />. ~ fir: geinlice on whtch thee. public <br />utlltty gross eaminge: ,fee fs imposed, a <br />surtx-~ge t© reimburse such utility <br />Mr the rwst of ttie tee. <br />Sutid.; 5< Proof of Company Gross <br />RewirNreR. XoM•Eriargy ahaN make each <br />payment when. due and shall quarterly <br />fumisti a complete and correct statement <br />of gross revenues for: said quarter. Xcel <br />Energy shah permit the City, and its <br />desigr-atsd repr~antMive free access to <br />the company's records for the purpose of <br />verifying such statemerrts. <br />Subd. 6. Enforcement. Airy dispute, <br />including enforcement of ' a default <br />regarding this ordinance wNl be resolved <br />in axordance with tfie Franchise <br />Agreemerrts. <br />3ubd. 7. Effective. Date of Franchise <br />Eee. Floturithstanding the effective date <br />i .. _ ... ..... <br />• <br />• <br />