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(i) Effective Date of Franchise Fee. The effective date of this Ordinance shall be after its <br />publication and sixty (60) days or more after sending written notice enclosing a copy of this <br />adopted Ordinance to Company by certified mail. Collection of the fee shall commence as <br />provided above. <br />(j) Relation to Franchise Agreement. This Ordinance is enacted in compliance with the <br />Franchise Agreement and shall be interpreted as such. <br />(k) Periodic Review. The City Council may review this Ordinance from time to time in whatever <br />manner the City Administrator then determines to be appropriate, including, but not limited <br />to, review by the City Council in either a work session or a regular session. Failure to review <br />this Ordinance shall not in any way invalidate or limit it. <br />(1) Rebate Program. The City will rebate the lesser annual amount paid for franchise fees versus <br />special assessments over the remaining term of the special assessments, regardless if the <br />assessment was pre -paid or is currently being paid through property taxes. Rebates will be <br />in the form of a check to qualifying property addresses. This rebate program applies strictly <br />to qualifying property addresses during the effective term of their current assessment or this <br />Ordinance, whichever expires first. <br />SECTION 2: EFFECTIVE DATE. <br />This Ordinance takes effect as provided by the City Charter. This Ordinance shall terminate five <br />(5) years from the date passed and adopted by the City. If the termination date falls within the <br />middle of a three-month collection period, the Ordinance shall terminate at the end of the collection <br />period. <br />PASSED by the Ramsey City Council this the day of , 20 <br />ATTEST: <br />City Clerk <br />Introduction Date: <br />Posting Dates: <br />Adoption Date: <br />Publication Date: <br />Effective Date: <br />Mayor <br />Ordinance #20-12 <br />Page 3 of 3 <br />