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,411141 <br /> ORDINANCE NO. 643 <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. <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. 625, a Franchise Agreement between the City and <br /> Reliant Energy Minnegasco ("Minnegasco"), the City has the right to impose a franchise <br /> fee of not more than four(4)percent on Minnegasco in amount and fee designs as set <br /> forth in Section 4.1 of the Minnegasco Franchise. <br /> b. Pursuant to Ordinance No. 634 effective , 1999, the City <br /> imposed a franchise fee under Minnegasco's natural gas Franchise Agreement in the <br /> amount of two and one-half(2.5) percent of Minnegasco's gross revenues, as defined in <br /> Section 4.1 of the Franchise Agreement, subject to a sunset on December 31, 1999. <br /> Subd. 2. Franchise Fee Statement. A franchise fee is hereby imposed on Minnegasco <br /> under its natural gas Franchise in the amount of two and one-half(2.5) percent of Minnegasco's <br /> gross revenues, as defined in Section 4.1 of the Franchise commencing with the Minnegasco's <br /> January 2000 billing month. <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. Minnegasco shall make each payment <br /> when due and shall quarterly furnish a complete and correct statement of gross revenues for said <br /> quarter. Minnegasco shall permit the City and its designated representative free access to the <br /> company's records for the purpose of verifying such statements. <br /> SJR-1 69974 <br /> MU210-14 <br />