§ 35.05 EXISTING FRANCHISE AGREEMENTS; CREDIT FOR FRANCHISE FEES.

   (A)   This chapter 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.

(Prior Code, § 3-3A-5)