As a part of any franchise ordinance adopted, the city may impose upon the grantee a franchise fee. The franchise fee, set by resolution, shall be expressed as a specified charge per kilowatt hour of electric energy transmitted, furnished, delivered or received, which fee shall be calculated by the City Council and imposed upon each kilowatt hour of electric energy transmitted, furnished, delivered or received within the city. The franchise fee may be changed by resolution from time to time; however, no change shall be adopted until at least 30 days after written notice enclosing the proposed resolution has been served upon the grantee by certified mail. The franchise fee may not be changed more often than once in each calendar year. The current franchise fee, as set by resolution, shall be paid by the City of Luverne-owned electric utility in the same manner as any other provider of electricity having a franchise agreement with the city. At a minimum, the franchise fee shall be paid to the City of Luverne general fund at lease annually.
(Prior Code, § 3.25) (Ord. 203, Third Series, effective 8-21-1997; Ord. 18, Fourth Series, effective 6-24-2021)