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HomeMy WebLinkAboutCity Council Ordinance 2023-21 CITY OF PLYMOUTH ORDINANCE No. 2023-21 ORDINANCE AMENDING FRANCHISE FEE FOR NORTHERN STATES POWER COMPANY, A MINNESOTA CORPORATION, D/B/A XCEL ENERGY, ITS SUCCESSORS AND ASSIGNS, FOR PROVIDING ELECTRIC SERVICE WITHIN THE CITY OF PLYMOUTH, MINNESOTA THE CITY OF PLYMOUTH ORDAINS: On January 14, 2014,the City Council adopted Ordinance No. 2014-01 implementing franchise fee for Northern States Power Company,a Minnesota Corporation, D/B/A Xcel Energy, its successors and assigns,for providing electric service within the City of Plymouth, Minnesota.The last rate adjustment occurred on December 13, 2022. Schedule A of the franchise ordinance is hereby amended to reflect a 40%adjustment as follows: Schedule A of that Ordinance is hereby amended as follows: Classification 2023 Fees 2024 Fees Residential $2.52 per month $3.53 per month Small C&I-Non-Demand $3.79 per month $5.31 per month Small C&I-Demand $12.65 per month $17.71 per month Large C&I $50.61 per month $70.85 per month Effective Date.The effective date of this ordinance shall be after its publication and ninety(90) days after the sending of written notice enclosing a copy of this adopted Ordinance to Xcel Energy by certified mail. ADOPTED by the City Council on this 12th day of December,2023. '' :::7-7, --3---r., . Jeffry Wojse, Mayor ATTEST: Cot X ettc,,, Jodi4allup,City Clerk