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BUSINESSES LOSE <br />• Businesses can not write off <br />their Franchise Fee, they can <br />write off their property taxes <br />• The hidden fee fluctuates by <br />energy consumption and creates <br />unpredictable charges <br />LACK OF TRANSPARENCY <br />• New residents don't see the tax <br />until they buy <br />• Many "out of the know" residents <br />did not know or may still not <br />know of the fee <br />• Many business owners were <br />unaware <br />• Fee collect on utilities <br />NONPROFITS LOSE <br />• Nonprofits lose tax exempt status <br />and provided by current tax laws <br />• The City Circumvents individuals <br />State approved tax exemptions i.e. <br />members of the elderly population, <br />people on state aid, veterans with <br />service related exemptions <br />SUNSETS WITHOUT A PLAN <br />• After five years the plan sunsets <br />without an alternative <br />• Council can increase the FF at <br />anytime <br />• Claims that it can not be utilized <br />else wear are false, it can be, the <br />council only agrees to limit its use <br />