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Agenda - Council Work Session - 04/24/2018
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Agenda - Council Work Session - 04/24/2018
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3/17/2025 2:50:36 PM
Creation date
5/17/2018 3:47:27 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
04/24/2018
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Franchise Fee Options: All are PER MONTH Charges <br /># of accounts and amounts generated are estimates <br />Option 1: <br />(Rogers Currently Using) <br />Gas Electric <br />Residential: $ 4.00 $ 5.00 <br />Com - A $ 7.00 $ 7.00 <br />Com/Ind-B $ 20.00 $ 45.00 <br />Com/Ind-C $ 70.00 $ 45.00 <br />SVDF - A $ 148.00 $ 45.00 <br />SVDF - B $ 148.00 $ 45.00 <br />LVDF $ 800.00 $ 210.00 <br />Annual Franchise Fees Generated: $1,158,036 <br />Option 2: <br />(Elk River Currently Using) <br />Gas <br />Electric <br />Residential: $ 4.00 $ 5.00 <br />Com - A $ <br />Com/Ind-B $ <br />Com/Ind-C $ <br />SVDF - A $ <br />SVDF - B $ <br />LVDF $ <br />4.00 $ 25.00 <br />16.00 $ 70.00 <br />50.00 $ 70.00 <br />70.00 $ 70.00 <br />70.00 $ 70.00 <br />70.00 $ 100.00 <br />Annual Franchise Fees Generated: $1,194,732 <br />Option 3: <br />(Rogers Example for Commercial only) <br />Gas Electric <br />Residential: $ 4.00 $ 4.00 <br />Com - A $ 7.00 $ 7.00 <br />Com/Ind-B $ 20.00 $ 45.00 <br />Com/Ind-C $ 70.00 $ 45.00 <br />SVDF - A $ 148.00 $ 45.00 <br />SVDF - B $ 148.00 $ 45.00 <br />LVDF $ 800.00 $ 210.00 <br />Annual Franchise Fees Generated: $1,042,080 <br />
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