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Mounds View City Council September 10, 2018 <br />Regular Meeting Page 4 <br /> <br />Xcel Energy Electric and Natural Gas Operations within the City of Mounds <br />View. <br /> <br />Finance Director Beer requested the Council introduce an Ordinance that would continue a <br />Franchise Fee with Xcel Energy Electric and Natural Gas Operations with the City of Mounds <br />View. He explained the franchise fee was 4% and staff was recommending this continue. He <br />reported the City would generate approximately $295,000 in 2019. He commented on the sunset <br />clause within the original agreement noting the Council had to review and approve the franchise <br />fee on a yearly basis. <br /> <br />Council Member Bergeron asked if there was a benefit to changing the sunset clause. Finance <br />Director Beer stated there would be a reduction in staff time and publication fees if the sunset <br />clause were stretched out to three or five years. <br /> <br />Council Member Bergeron proposed the Ordinance be amended to extend the sunset clause to <br />December 31, 2021. <br /> <br />AMENDMENT MOTION/SECOND: Bergeron/Meehlhause. To Amend Ordinance 949, <br />Extending the Sunset Clause to December 31, 2021. <br /> <br />Council Member Meehlhause commented he supported the franchise fee as it assisted the City in <br />meeting its financial goals. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />AMENDED MOTION/SECOND: Gunn/Meehlhause. To Waive the First Reading and <br />Introduce Ordinance 949, an Ordinance Continuing a Franchise Fee on Xcel Energy Electric and <br />Natural Gas Operations within the City of Mounds View as amended extending the Sunset <br />Clause to December 31, 2021. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />Council Member Hull excused himself from the meeting. <br /> <br />E. Ordinance 950 – First Reading, an Ordinance Continuing a Franchise Fee on <br />Center Point Energy Natural Gas Operations within the City of Mounds <br />View. <br /> <br />Finance Director Beer requested the Council introduce an Ordinance that would continue a <br />Franchise Fee with Center Point Energy Natural Gas Operations with the City of Mounds View. <br />He explained the franchise fee was 4% and staff was recommending this continue. He reported <br />the City would generate approximately $125 in 2019. He commented this franchise agreement <br />had to reviewed and approved in 2019. He explained he would be discussing this matter with the <br />City Attorney to better understand the cost/benefit ratio of renewing this franchise. <br />