HomeMy WebLinkAbout5454-5/29/2018Prepared by Kelley Felchle, City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA
50703, (319) 291-4323.
ORDINANCE NO. 5454
AN ORDINANCE AMENDING THE CODE OF ORDINANCES
OF THE CITY OF WATERLOO, IOWA, BY AMENDING THE
NATURAL GAS FRANCHISE
WHEREAS, the City of Waterloo, Iowa, and MidAmerican Energy Company entered
into franchise agreement for Natural Gas Ordinance No. 5149, adopted by the City Council on
February 21, 2011, and
WHEREAS, the City of Waterloo and MidAmerican Energy Company agree the
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:
Residential Customers
Non -Residential Customers
7/1/13
2%
2%
7/1/14
3%
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 receiving service and located within the
corporate limits of the City. The franchise fee shall be imposed upon the gross receipts,
minus uncollectible accounts, generated from sales of natural gas and distribution service.
INTRODUCED:
PASSED 1St CONSIDERATION:
PASSED 2nd CONSIDERATION:
PASSED 3rd CONSIDERATION:
May 29, 2018
May 29, 2018
May 29, 2018
May 29, 2018
PASSED AND ADOPTED this 29th day of May 2018.
ATTEST:
Kelley Fe j hie
City Cler
t
Quentin Hart, Mayor
Ordinance No. 5454
Page 2
CERTIFICATE
I, Kelley Felchle, City Clerk of the City of Waterloo, Iowa, do hereby certify that the
preceding is a true and complete copy of Ordinance No. 5454 as passed and adopted by the City
Council of the City of Waterloo, Iowa, on the 29th day of May 2018.
SEAL
Witness my hand and seal of office this 29th day of May 2018.
Kelley Felc e
City Clerk