HomeMy WebLinkAboutOrdinance No. 5454STATE OF IOWA, } I do solemnly swear that the annexed copy of legal
City of Waterloo
Ordinance 5454
Black Hawk County, SS Notice was published in the Waterloo -Cedar Falls
Courier, a daily newspaper printed in Waterloo, Black
Hawk County, Iowa, once commencing on the 6th
ORDINANCE NO. 5454 day of June, 2018 in the name of said newspaper, and
AN ORDINANCE AMENDING THE
CODE OF ORDINANCES OF THE CITY
OF WATERLOO, IOWA, BY AMENDING that the annexed rate of advertised is the re g
lar legal
THE NATURAL GAS FRANCHISE.
WHEREAS, the City of WaterlooIowa, er� rate of said newspaper, and that the following is a
,
and MidAmerican Energy Company en-
tered into franchise agreement for Natural correct bill for publishing said notice.
Gas Ordinance No. 5149, adopted by the
City Council on February 21, 2011, and
WHEREAS, the City of Waterloo and I
MidAmerican Energy Company agree the Printer's Bill $20.52
franchise must be amended. NOW,
THEREFORE, BE IT ORDAINED BY THE
CITY COUNCIL OF THE CITY OF
WATERLOO, IOWA AS FOLLOWS: 1.
That Section 13 of Ordinance No. 5149
being: Section 13. There is hereby
imposed upon, and shall collected from
persons located within the corporate limits
of the City who are retail natural gas
customers of the Company, receiving
service pursuant to the tariff, a franchise
fee of the gross receipts from each
revenue class as set forth below, minus
uncollectable amounts, derived by the
Company from the delivery and sale of
natural gas to such customers. The
Company shall remit such franchise fees
to the City within 60 days of collection.
City imposes the following fee upon the
following revenue classes, effective July
1, 2013, and July 1, 2014, for the length
of the franchise agreement
7/1/13 7/1/14
Residential Customers 2%3% Si ed
Non -Residential Customers 2%3%
2. That 13 of Ordinance No. 5149 is
hereby struck and the following Section
13 is substituted therefore: Section 13: A
franchise fee of 4 percent is imposed
upon, and shall be collected from, the /
natural gas customers of the Company Subscribed and sworn to before me this
receiving service and located within the
corporate limits of the City. The franchise ��/
fee shall be imposed upon the grass
receipts, minus uncollectible accounts,
generated from sales of natural gas and Day of A.D., \+lY/
distribution service. INTRODUCED: May
29, 2018, PASSED 1st CONSIDERA-
TION: May 29, 2018, PASSED 2nd
CONSIDERATION: May 29, 2018, _
PASSED 3rd CONSIDERATION: May 29,
2018, PASSED AND ADOPTED this 29th
day of May 2018. q.AA�
Quentin Hart, Mayor Notary Public
ATTEST: Kelley Felchle, City Clerk >
Received of
the sum of
Dollars.
In full for publication of the above notice.
�P"'•P J®Dl E MCKJNSTRY
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AMi SION 0.7 41