3-4A-4: EXISTING FRANCHISES:
This section is included in your selections.
A. This article shall not alter any existing franchise agreements between the city and energy suppliers.
B. There is a credit against the tax due from any consumer in the amount of a contractual franchise fee paid if:
1. The energy supplier pays the contractual franchise fee to the city pursuant to a franchise agreement in effect on July 1, 1997;
2. The contractual franchise fee is passed through by the energy supplier to a consumer as a separately itemized charge; and
3. The energy supplier has accepted the franchise. (Ord. 6-1-1997, 6-19-1997)