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requirements of Section 216D.04 with respect to all Electric Facilities, including abandoned and retired <br />Facilities. <br />SECTION 10. FRANCHISE FEE. <br />10.1 Fee Schedule. During the term of the franchise hereby granted, and in addition to <br />any permit or . other fees that City may impose or has a right to impose, the City may impose in <br />Company a franchise fee, not to exceed an amount set forth in a Fee Schedule adopted by separate <br />ordinance from each customer in the designated Customer Classification for metered service at each <br />and every customer location. The amount of the fees may be amended from time to time by City. The <br />charge shall be applied monthly and shall be billed per account. Company shall, within 30 days of the <br />City's request, provide City with revenue estimates for establishing a fee schedule. <br />10.2 Separate Ordinance. The franchise fees shall be imposed by separate ordinance duly <br />adopted from time to time by the City Council, and that separate ordinance shall dictate the date <br />upon which collection of that franchise fee shall commence. Section 2.5 shall constitute the sole <br />remedy for solving disputes between Company and the City in regard to the interpretation of, or <br />enforcement of the separate ordinance. No action by the City to implement a separate franchise fee <br />ordinance will commence until this Ordinance is effective. <br />10.3 Terms Defined. For the purpose of this Section 10, the following definitions apply: <br />10.3.1 "Customer Class" shall refer to the classes listed on the Fee Schedule as <br />defined or determined in Company's electric tariffs on file with the Commission. <br />10.3.2 "Fee Schedule" refers to the schedule in Section 10.1 setting forth the various <br />customer classes from which a franchise fee would be collected if a separate ordinance were <br />implemented immediately after the effective date of this franchise agreement. The Fee Schedule in <br />the separate ordinance may include new Customer Class added by Company to its electric tariffs <br />after the effective date of this franchise agreement, or may be annually amended to reflect changes <br />in the franchise fees imposed by the City. <br />10.4 Collection of the Fee. The franchise fee shall be payable not less often than <br />quarterly and shall be based on the amount collected by Company during complete billing months <br />during the period for which payment is to be made by imposing a surcharge equal to the designated <br />franchise fee for the applicable customer classification in all customer billings for electric service in <br />each class. The payment shall be due the last business day of the month following the period for <br />which the payment is made. The franchise fee may be changed by ordinance from time to time; <br />however, each change shall meet the same notice requirements and not occur more often than annually <br />and no change shall require a collection from any customer for electric service in excess of the amounts <br />specifically permitted by this Section 10. No franchise fee shall be payable by Company if Company is <br />legally unable to first collect an amount equal to the franchise fee from its customers in each applicable <br />class of customers by imposing a surcharge in Company's applicable rates for electric service. <br />Company may pay the City the fee based upon the surcharge billed subject to subsequent reductions to <br />account for uncollectibles, refunds and correction of erroneous billings. Company agrees to make its <br />records available for inspection by the City at reasonable times provided that the City and its <br />designated representative agree in writing not to disclose any information which would indicate the <br />amount paid by any identifiable customer or customers or any other information regarding identified <br />6 <br />