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AMENDMENTS TO CHAPTER 7 OF THE HOME RULE CHARTER OF THE CITY <br />OF RAMSEY. SAID AMENDMENTS RELATE GENERALLY TO FRANCHISE FEES. <br />THE CITY OF RAMSEY ORDAINS: <br />SECTION 1. AUTHORITY. <br />This Ordinance is enacted pursuant to Minnesota Statutes section 410.12, subdivision 7. <br />SECTION 2. AMENDMENT. <br />Section 7.3 of the Home Rule Charter of the City of Ramsey is hereby amended to provide as <br />written below: <br />Section 7.3 — System of taxation. <br />ORDINANCE #14 -06 <br />CITY OF RAMSEY <br />ANOKA COUNTY <br />STATE OF MINNESOTA <br />7.3.1 General authority. Subject to the state constitution, and except as forbidden by it, or by <br />state statutes, the council shall have full power to provide by ordinance for a system of <br />local taxation, with the exception of franchise fees, which shall be regulated as provided <br />herein. This authority includes the power by ordinance to assess, levy, and collect taxes <br />on all subjects or objects of taxation except as limited or prohibited by the state <br />constitution, by this Charter or by state statutes imposing restrictions upon the city, <br />irrespective of Charter provisions. <br />7.3.2 Franchise fees. All franchise fees imposed by ordinance pursuant to this Charter and <br />Minnesota Statutes section 216B.36 shall conform to the following provisions. <br />7.3.2.1 Use restriction. All revenue generated through a franchise fee ordinance shall be <br />used solely for long -term street maintenance projects, including crack filling, seal coating <br />and overlays, and street reconstruction projects. <br />7.3.2.2 Duration limit. Franchise fee ordinances shall terminate no later than five years <br />from the date they became effective, provided that if the end of the five year period does <br />not coincide with the end of the franchisee's customary billing period, the ordinance shall <br />terminate at the end of the billing period following the five year anniversary of the <br />ordinance. Annual adjustments to the amount of the franchise fees imposed under the <br />ordinance shall not constitute a new franchise fee ordinance for the purpose of calculating <br />the term under this section or the majority voting requirements under section 7.3.2.6. <br />