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Agenda Packets - 2008/08/11
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Agenda Packets - 2008/08/11
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Last modified
1/28/2025 4:49:31 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
8/11/2008
Supplemental fields
City Council Document Type
City Council Packets
Date
8/11/2008
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<br /> <br />ORDINANCE NO. 811 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />AN ORDINANCE IMPLEMENTING A FRANCHISE FEE ON CENTER <br />POINT ENERGY NATURAL GAS OPERATIONS WITHIN THE CITY OF <br />MOUNDS VIEW <br /> <br />THE CITY OF MOUNDS VIEW ORDAINS: <br /> <br />SECTION 1. The City of Mounds View Municipal Code Appendix D is hereby amended <br />to include reference to the following Special Ordinance. <br /> <br /> Subdivision 1. Purpose. The Mounds View City Council has determined that it is <br />in the best interest of the City to impose a franchise fee on those public utility <br />companies that provide natural gas and electric services within the City of Mounds <br />View. <br /> <br /> a. Pursuant to City Ordinance No. 625, a Franchise Agreement between the <br />City and Center Point Energy (formerly Reliant, formerly Minnegasco), the City <br />has the right to impose a franchise fee of not more than four (4) percent on <br />Minnegasco in amount and fee designs as set forth in Section 4.1 of the <br />Minnegasco Franchise. <br /> <br /> Subd. 2. Franchise Fee Statement. A franchise fee is hereby imposed on <br />Center Point Energy under its natural gas Franchise Agreements in the amount of four <br />(4.0) percent of Center Point Energy’s gross revenues, as defined in Section 4.1 of the <br />Franchise Agreements commencing with Center Point Energy’s January 2009 billing <br />month. <br /> <br /> Subd. 3. Payment. The said franchise fee shall be payable to the City in <br />accordance with the terms set forth in Section 4.4 of the Franchise. <br /> <br /> Subd. 4. Surcharge. The City recognizes that the Minnesota Public Utilities <br />Commission requires each said utility company to add to its effective rates for the utility <br />service on which the public utility gross earnings fee is imposed, a surcharge to <br />reimburse such utility company for the cost of the fee. <br /> <br /> Subd. 5. Proof of Company Gross Revenues. Center Point Energy shall make <br />each payment when due and shall quarterly furnish a complete and correct statement of <br />gross revenues for said quarter. Center Point Energy shall permit the City and its
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