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-3- <br /> If the Council approves the ordinance and a franchise fee program <br /> is imposed, effective in January 1992, the funds will not be paid <br /> to the City until April 1, 1993. <br /> However, it may be possible to amend the Franchise Agreement and <br /> corresponding ordinances to allow a different payment schedule <br /> if a mutually agreed upon amendment can be determined between the <br /> City and Northern States Power. However, this process may be <br /> lengthy and result in no revenue for most of 1992 . <br /> Approval of the Ordinance to implement the franchise fee must be <br /> made by 4/5's vote of the Council. <br />