CHAPTER 32. PUBLIC UTILITIES
ARTICLE I. RECOUPMENT OF FRANCHISE FEES
   32.001   Recoupment of franchise fees
ARTICLE II. MUNICIPAL UTILITIES DEPARTMENT
   32.100   Creation of Municipal Utilities Department; functions
   32.101   Municipal Utilities Superintendent
   32.102   Division of the Municipal Utilities Department
   32.103   Water rates
   32.104   Electric rates
ARTICLE III. ELECTRIC AND WATER UTILITIES FOR BEREA COLLEGE
   32.200   Adopting the Berea College Electric and water utilities
ARTICLE I. RECOUPMENT OF FRANCHISE FEES
§ 32.001 RECOUPMENT OF FRANCHISE FEES
   In the event that the city becomes the owner of any public utility subject to a franchise fee, on and after the date of such acquisition, in order to replace and recoup in a revenue neutral fashion any such amount of franchise fee paid or payable, each bill to customers for such public utility acquired by the city shall include a franchise replacement fee equal to 3% of the gross bill for the utility service provided, which amount shall be remitted to the city for such replacement.
(Ord. No. 16-04, § 1, 8-3-04)
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