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purposes, an "average" homeowner may pay $75 per year for gas and electric franchise <br />fees. <br /> <br />Recommendation: <br /> <br />Staff recommends approval of the franchise fee in the amount of 4.5% of total revenues <br />on the accounts of Connexus Energy, City of Anoka, and CenterPoint Energy, <br />Minnegasco. <br /> <br />Council Action: <br /> <br />Motion to introduce Ordinance #03- and Ordinance #03- .. establishing franchise <br />fees on gas and electric utilities at the rate of 4.5% of total revenues. <br /> <br />Reviewed by: <br />City Administrator <br /> <br />6/24/03 <br /> <br />-162- <br /> <br /> <br />