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SECTION V. PROOF OF COMPANY FINANCIAL STATUS <br /> Each said company shall make each payment when due and shall furnish therewith a • <br /> complete and correct statement of revenues for the period. Such company shall permit the City <br /> and its representative free access to the company's records for the purpose of verifying such <br /> statements. • <br /> SECTION VI. ENFORCEMENT <br /> Any dispute, including enforcement of a default regarding this ordinance will be resolved <br /> in accordance with Section 2.5 of the Franchise Agreements. <br /> SECTION VII. EFFECTIVE DATE <br /> Notwithstanding any contrary provisions in Section 4 of the present Electric Energy <br /> Franchise Agreement and Gas Energy Franchise, Ordinance Nos. 517 and 518 respectively, the <br /> effective date of this ordinance is thirty(30) days after its publication and thirty(30) days after the <br /> sending of written notice enclosing this proposed ordinance upon Northern States Power <br /> Company acknowledge that the effective date of this ordinance upon thirty(30) days after the <br /> sending of written notice enclosing this proposed ordinance upon Northern States Power <br /> Company by certified mail is a deviation from the requirement of Section 4.1 of both Ordinance <br /> Nos. 517 and 518 shall control future franchise fee agreements between the City and Northern <br /> States Power Company. <br /> • <br /> SECTION VIII. SUNSET CLAUSE <br /> This ordinance shall automatically sunset on December 31, 1998. <br /> Ordinance Introduction: October 27, 1997 <br /> Ordinance Adoption: November 10, 1997 <br /> Date of Publication: November 14, 1997 <br /> Effective Date: December 13, 1997 <br /> ATTEST: <br /> Mayor <br /> (SEAL) <br /> Clerk-Administrator <br /> APPROVED AS TO FORM: <br /> • <br /> City Attorney <br />