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<br />7:05 p.m. Public Hearing, Second Reading and Adoption of Ordinance 873, an Ordinance Implementing a Franchise Fee on Xcel Energy Electric and Natural Gas Operations within the City <br /> of Mounds View. <br /> <br />Finance Director Beer indicated this item was the second reading and adoption of Ordinance 874 implementing a 4% franchise fee on Xcel Energy for electric and natural gas operations <br /> in the City of Mounds View. He discussed how the franchise fees were used by the City. He noted this was the end of the current franchise and renewals were being negotiated by Kennedy <br /> & Graven at this time. Staff recommended the Council adopt the Ordinance. <br /> <br />Mayor Flaherty opened the public hearing at 7:05 p.m. <br /> <br />Hearing no public input, Mayor Flaherty closed the public hearing at 7:05 p.m. <br /> <br />MOTION/SECOND: Mueller/Gunn. To Waive the Second Reading and Adopt Ordinance 873, an Ordinance Implementing a Franchise Fee on Xcel Energy Electric and Natural Gas Operations within <br /> the City of Mounds View and publish the Ordinance summary. <br /> <br />ROLL CALL: Hull/Stigney/Mueller/Gunn/Flaherty. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />7:10 p.m. Public Hearing, Second Reading and Adoption of Ordinance 874, an Ordinance Implementing a Franchise Fee on Center Point Energy Natural Gas Operations within the City of Mounds <br /> View. <br /> <br />Finance Director Beer indicated this item was the second reading and adoption of Ordinance 874 implementing a 4% franchise fee on Center Point Energy for natural gas operations in the <br /> City of Mounds View. He discussed how the franchise fees were used by the City and recommended the Council adopt the Ordinance. <br /> <br />Mayor Flaherty opened the public hearing at 7:09 p.m. <br /> <br />Hearing no public input, Mayor Flaherty closed the public hearing at 7:09 p.m. <br /> <br />Council Member Mueller questioned if the franchise fee would continue to be reviewed on an annual basis. Finance Director Beer stated this was the case. <br /> <br />MOTION/SECOND: Gunn/Mueller. To Waive the Second Reading and Adopt Ordinance 874, an Ordinance Implementing a Franchise Fee on Center Point Energy Natural Gas Operations within the <br /> City of Mounds View and publish the Ordinance summary. <br /> <br />ROLL CALL: Hull/Stigney/Mueller/Gunn/Flaherty. <br /> <br /> Ayes – 5 Nays – 0 Motion carried.