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HomeMy WebLinkAbout124-03 Ordinance - Adoption of an Ordinance Amending Chapter 3, Section 3 4646 Dakota Street SE Prior Lake, MN 55372 CITY OF PRIOR LAKE ORDINANCE NO. 124-03 AN ORDINANCE AMENDING CHAPTER 3, SECTION 314 OF THE PRIOR LAKE CITY CODE RELATED TO GAS AND ELECTRIC FRANCHISE FEES The City Council of the City of Prior Lake, Minnesota, does hereby ordain that: Section 1. City Code Chapter 3, Section 314 is amended by updating subsection 314.500 with the franchise fees to be charged by the gas and electric companies in the City. Collection of the updated fee shall commence with the bills for the month of January 2025: 314.500 ELECTRIC FEE SCHEDULE Class Monthly Account Fee Residential $5.60 Sm C & I – Non-Dem $16.75 Sm C & I – Demand $33.50 Large C & I $168.00 Section 2. City Code Chapter 3, Section 314 is amended by updating subsection 314.600 with the franchise fees to be charged by the gas and electric companies in the City. Collection of the updated fee shall commence with the bills for the month of January 2025: 314.600 GAS FEE SCHEDULE Class Monthly Account Fee Residential $5.60 Comm-A $5.60 Comm/Ind-B $11.20 Comm/Ind-C $16.75 SVDF-A $33.50 SVDF-B $33.50 LVDF $168.00 Section 3. City Code Chapter 3, Section 314 is amended by updating the effective date in subsection 314.900: 314.900 EFFECTIVE DATE OF FRANCHISE FEE The effective date of this ordinance shall be after its publication and sixty (60) days after the sending of written notice enclosing a copy of this adopted Ordinance to the Gas and/or Electric Utility Company by certified mail. Collection of the fee shall commence with the bills for the month of January 2025. 2 This ordinance shall become effective from and after its passage and publication. Passed and adopted by the Prior Lake City Council this 10th day of September 2024. ATTEST: City Manager Mayor A public hearing notice was published in the Star Tribune on the 31st day of August 2024 .