Loading...
03-9419r I I I 19 RESOLUTION NO. 9419 RESOLUTION APPROVING SUMMARY PUBLICATION OF AN ORDINANCE AMENDMENT TO APPENDIX E OF THE RICHFIELD CITY CODE WHICH PERTAINS TO THE FRANCHISE ORDINANCE. WHEREAS, The City of Richfield has adopted the above referenced ordinance, amending Appendix E to the Richfield City Code, and WHEREAS, the verbatim text of the amendment is cumbersome, and the expense of publication of the complete text is not justified, NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Richfield, that the following summary is hereby approved for official publication: SUMMARY PUBLICATION BILL NO. 2003-25 AN ORDINANCE IMPLEMENTING AN ELECTRIC FRANCHISE FEE ON NORTHERN STATES POWER D/B/A XCEL ENERGY FOR PROVIDING ELECTRIC SERVICE WITHIN THE CITY OF RICHFIELD The purpose of this ordinance amendment is to impose a franchise fee on Northern States Power d/b/a Xcel Energy under its Electric Franchise Agreement commencing with the Xcel Energy's February, 2004 billing month. FEE SCHEDULE Class Residential Sm C & I - Non-Dem Sm C & I - Demand Large C & I Fee Per Meter $1 .45 $4.50 $10.00 $65.00 Franchise fees are to be collected by the utility and submitted to the City on a quarterly basis. The utility may surcharge the fees to its customers as permitted by law. The City will review the ordinance by June 20, 2008 to determine whether to continue, terminate or modify the fee. Copies of the ordinance are available for public inspection in the Public Works Department during normal business hours or upon request by calling Mike Eastling, Director of Public Works at 612-861-9792. ATTEST: ~~ Nancy Glbb Ity Clerk