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ORDINANCE NO.� <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />AN ORDINANCE IMPLEMENTING A FRANCHISE FEE ON RELIANT <br />ENERGY MINNEGASCO NATURAL GAS OPERATIONS WITHIN THE <br />CITY OF MOUNDS VIEW <br />THE CITY OF MOUNDS VIEW ORDAINS: <br />SECTION 1. The City of Mounds View Municipal Code Appendix D is hereby amended to <br />include reference to the following Special Ordinance No. <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 />a. Pursuant to City Ordinance No. 517 and Ordinance No. 518, which are the <br />Franchise Agreements ("Franchise Agreements") between the City of Mounds View (the <br />"City") and Northern States Power Company (the "Company"), a franchise fee of not <br />more than four (4) percent of the Northern States Power Company's ("NSP") gross <br />operating revenues may be imposed by the City at any time during the 20 year term of the <br />Franchise. The franchise fee is paid as full compensation for the rights to transmit and <br />furnish electric energy for light, heat, power and import, transport, sell and distribute <br />natural gas for heating, illuminating and other purposes as outlined in Section 2 of <br />Ordinance Nos. 517 and 518. <br />b. Pursuant to Ordinance No. 605 effective December 13, 1997, the City imposed a <br />franchise fee under the electric and natural gas Franchise Agreements in the amount of <br />two and one-half (2.5) percent of NSP's gross revenues, as defined in Section 4.2 of the <br />Franchise Agreements, subject to a sunset on December 31, 1998. <br />C. 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 on Minnegasco in amount and fee designs as set forth in Section 4.1 of the Franchise. <br />The City currently imposes franchise fees of two and one-half (2.5) percent on NSP gas <br />and electric as described in Subdivision l.b. above. The Minnegasco Franchise allows <br />such a similar fee to be imposed by the City on Minnegasco. <br />Subd. 2. Statement. A franchise fee is hereby imposed on Minnegasco under its natural <br />gas Franchise in the amount of two and one-half (2.5) percent of the Minnegasco's gross <br />revenues, as defined in Section 4.1 of the Franchise commencing with the Minnegasco's <br />1999 billing month. <br />SJR -163921 <br />MU210-14 <br />