3-4-5: EXISTING FRANCHISE AGREEMENTS:

   A.   No Alteration: This chapter shall not alter any existing franchise agreements between the city and energy suppliers.

   B.   Credit Against Tax Due: 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. 97-11, 6-18-1997)