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06-03-99 14:23 From-KENNEDY i GRAVEN +6123379310 T-295 P.03/20 F-153 <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 /> Subd. 4. Surcharge. The City recognizes that the Minnesota Public Utilities Commission <br /> requires each said utility company to add to its effect 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 /> Subd. 5. Proof of Company Gross Revenues. Notwithstanding the effective date of this <br /> ordinance and notwithstanding any contrary provisions in Section 4 of the Franchise,the <br /> effective date of the fee collected under Subdivision 2 of this ordinance is the later of ten (10) <br /> days after the publication and after the sending of written notice enclosing a copy of this adopted <br /> ordinance upon Minnegasco by certified mail. <br /> Subd. 6. Sunset Clause. This ordinance shall automatically sunset on <br /> SECTION 2. This ordinance takes effect 30 days after its publication. <br /> Read by the City Council of the City of Mounds View this—day of , 1999. <br /> Read and passed by the City Council of the city of Mounds View this day of <br /> 1999. <br /> Dan Coughlin,Mayor <br /> Charles S. Whiting, City Clerk/Administrator <br /> APPROVED AS TO FORM: <br /> Robert C. Long, City Attorney <br /> S!F-163921 <br /> MU210-14 <br />