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INTRODUCE ORDINANCE ESTABLISHING A GAS FRANCHISE <br />ORDINANCE WITH CENTERPOINT ENERGY <br /> By: Diana Lund, Finance Officer <br /> <br />Background: <br /> <br />Before any ordinance implementing a franchise fee can be adopted, a gas/electric <br />franchise ordinance with the gas/electric company needs to be in Place. <br /> <br />Ordinance 84-4A was granted to North Central Public Service on May 24, 1984. This <br />ordinance established a natural gas franchise with the Company we now know as <br />CenterPoint Energy, Minnegasco, but the terms made no mention of a possible franchise <br />fee. Franchise fee terms were clearly stated in the Connexus Energy and City of Anoka <br />Electric Ordinance adopted November 24, 1992. <br /> <br />Recommendation: <br /> <br />Staff recommends approval of establishing the gas franchise Ordinance with CenterPoint <br />Energy, Minnegasco. <br />Council Action: <br /> <br />Motion to introduce Ordinance-#03-__establishing a Gas Franchise with CenterPoint <br />Energy, Minnegasco. <br /> <br />Reviewed by: <br />City Administrator <br /> <br />06/24/03 <br /> <br />-153- <br /> <br /> <br />