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-2- <br /> GAS <br /> In 1990, NSP's gross operating revenues were $2,557,000 for GAS. <br /> Based on this figure, the City of Mounds View could generate the <br /> following approximate amount of revenue: <br /> at 4%, $102,280 <br /> at 3%, $ 76,710 <br /> at 2%, $ 51, 140 <br /> at 1%, $ 25,570 <br /> GAS AND ELECTRIC <br /> For both GAS and ELECTRIC, NSP's 1990 gross billings were <br /> $6,800,000 . Based on this figure, the City of Mounds View could <br /> generate the following approximate amount of revenue: <br /> at 4%, $272,000 <br /> at 3%, $204,000 <br /> at 2%, $136,000 <br /> at 1%, $ 68,000 <br /> FRANCHISE FEE COMPARISONS - MINNESOTA <br /> There are a number of cities in the metropolitan area currently <br /> utilizing the franchise fee option. They are: <br /> Coon Rapids 3% electric and gas <br /> Lake City 2 .5% gas <br /> Minneapolis 6 .5% electric and gas <br /> St. Cloud 3% electric and gas <br /> St. Paul 8% electric and gas <br /> (fee is calculated using a sliding fee scale for commercial- <br /> industrial or residential use) <br /> Sleepy Eye 2% gas <br /> 5% electric and steam heat <br /> South St. Paul 3% electric and gas <br /> Waseca 3% gas <br /> 5% electric (residential <br /> use) <br /> 3% electric (commercial use) <br /> West St. Paul 5% electric <br /> White Bear Lake 1.5% electric <br /> Winona 4% electric <br /> (4% decreases-to 15%-after first -$100,000 o f use) <br /> It must be noted that the current Franchise Agreement provides <br /> that payment of the franchise fees will be paid to the City no <br /> later than April 1 of the year after the franchise fee is <br /> imposed. <br />