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Lino Lakes City Charter <br />CHAPTER X. FRANCHISES <br />Section 10.01. Except as otherwise provided by state law, no person, firm or <br />corporation shall place or maintain any permanent or semi - permanent fixtures <br />in, over, upon, or under any street or public place for the purpose of operating <br />a public utility, or for any other purpose, without a franchise therefore from <br />the City. A franchise shall be granted only by ordinance, which shall not be <br />an emergency ordinance. No exclusive franchise shall be granted unless the <br />proposed ordinance is submitted to the voters of the City following a public <br />hearing and approved by at least a majority of those voting thereon. Every <br />ordinance granting a franchise shall contain all the terms and conditions of the <br />franchise. The grantee shall bear the costs of publication of the franchise <br />ordinance and shall make a sufficient deposit with the City Clerk to guarantee <br />publication before the ordinance is passed. (Amended 05/27/2003) <br />Section 10.02. Term. No perpetual franchise or privilege shall be created, nor <br />shall any exclusive franchise or privilege be granted for a period of more than <br />twenty -five (25) years. <br />Section 10.03. Public Hearing. Before any franchise ordinance is adopted or <br />any rates, fares, or prices to be charged by a public utility are fixed by <br />Council, the Council shall hold a public hearing on the matter. Not less than <br />ten (10) days prior to the date of the hearing, notice of such hearing shall be <br />published at least once in the official newspaper and additional notice of such <br />hearing shall be given in such manner as the Council shall determine. <br />Section 10. 04. Power of Regulation Reserved. Subject to any applicable <br />.state law, the Council may by ordinance reasonably regulate and control the <br />exercise of any franchise, including the maximum rates, fares, or prices to be <br />charged by the grantee. No franchise value shall be included in the valuation <br />of the grantee's property in regulating utility rates, fares, or prices under any <br />applicable state or municipal law, or regulation, or in proceedings for <br />municipal acquisition of the grantee's property by purchase or eminent domain. <br />Section 10.05. Renewals or Extensions. Every extension, renewal, or <br />modification of any existing franchise, or of any franchise granted thereafter, <br />shall be subject to the same limitations and shall be granted in the same <br />manner as a new franchise. <br />Page 24 <br />