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date, collection of the franchise fee being collected under Subdivision 1 terminates. <br /> Ordinance 641 <br /> Page 2 <br /> SECTION III. PAYMENT <br /> Said franchise fee shall be payable to the City in accordance with the terms set forth in Section 4 <br /> of the Franchise Agreements. <br /> SECTION IV. SURCHARGE <br /> The City recognizes that the Minnesota Public Utilities Commission requires each said utility <br /> company to add to its effective rates for the utility services on which the public utility gross <br /> earnings fee is imposed, a surcharge to reimburse such utility company for the cost of the fee. <br /> SECTION V. PROOF OF COMPANY GROSS REVENUES <br /> Each said utility company shall make each payment when due and shall quarterly furnish a <br /> complete and correct statement of gross revenues for said quarter. Such utility company shall <br /> permit the City and its designated representative free access to the company's records for the <br /> purpose of verifying such statements. <br /> SECTION VI. ENFORCEMENT <br /> Any dispute, including enforcement of a default regarding this ordinance will be resolved in <br /> accordance with Section 2.5 of the Franchise Agreements. <br /> SECTION VII. EFFECTIVE DATE OF FRANCHISE FEE <br /> Notwithstanding the effective date of this ordinance and notwithstanding any contrary provisions <br /> in Section 4 of the present Electric Energy Franchise Agreement and Gas Energy Franchise <br /> Agreement, Ordinance Nos. 517, 518, and 625,respectively, the effective date of the fee being <br /> collected under Subdivision 1 of Section II of this ordinance is the later of ten(10) days after its <br /> publication and after the sending of written notice enclosing a copy of this adopted ordinance <br /> upon the Company and Minnegasco by certified mail. The requirements of Section 4.1 of <br /> Ordinance Nos. 517, 518, and 625 shall control franchise fee collections between the City and <br /> the Company, and Minnegasco in all other respects. <br /> SECTION VIII. SUNSET CLAUSE <br /> This ordinance shall automatically sunset on December 31, 2001. <br /> Ordinance Introduction: September 13, 1999 Approved as to form: <br /> Ordinance Adoption: October 11, 1999 <br /> Date of Publication: October 20, 1999 <br /> Effective Date: January 1, 2000 City Attorney <br /> ATTEST: <br /> Mayor <br /> (SEAL) <br /> Clerk-Administrator <br />