- Meeting Date:
- 02/02/2023
- By:
- Katie Schmidt, Administrative Services
Information
Title:
Purpose/Background:
Current Charter Language:
Section 10.4 Power of Regulation Reserved. Subject to any applicable state statutes, the council may by ordinance reasonably regulate and control the exercise of any franchise, including the maximum rates, fares, or prices to be charged by the grantee. No franchise value shall be included in the valuation of the grantee's property in regulating utility rates, fares, or prices under any applicable state or municipal law, or regulation, or in proceedings for municipal acquisition of the grantee's property by purchase or eminent domain.
Proposed Amendment to Charter Language (additions indicated by underline):
Section 10.4 Power of Regulation Reserved. Subject to any applicable state statutes, the council may by ordinance reasonably regulate and control the exercise of any franchise, including the maximum rates, fares, or prices to be charged by the grantee. No franchise value shall be included in the valuation of the grantee's property in regulating utility rates, fares, or prices under any applicable state or municipal law, or regulation, or in proceedings for municipal acquisition of the grantee's property by purchase or eminent domain. No franchise fee may be implemented or mandated by ordinance for the purposes of road or street improvement, construction, or reconstruction.
Recommendation:
Outcome/Action:
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Brian Hagen | Brian Hagen | 01/19/2023 03:51 PM |
- Form Started By:
- Katie Schmidt
- Started On:
- 01/19/2023 09:28 AM
- Final Approval Date:
- 01/19/2023