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In the event the new electrical system plan prepared and submitted by the developer and approved by the Superintendent requires installation of wire larger in size than is necessary to serve the new electrical system area, then the city shall pay the difference between the cost of the wire required to be installed and the cost of wire of the size necessary to serve the area, but the difference in cost may be charged by the city to subsequently developed new electrical system areas that are served by the wire.
(Ord. 1225, passed 5-2-1995)
(a) (1) Except as hereinafter provided, after an electrical system plan has been approved and before any materials are procured or installed by the city in a new electrical system area, the developer of such area shall deposit with the City Clerk the sum of $2,000 from which the Clerk shall make such withdrawals from time to time as are necessary to pay the cost of purchasing materials for installation in the new electrical system.
(2) If the deposit of $2,000 is insufficient to pay the cost of materials needed to complete the new electrical system, then such additional deposits of $2,000 may be required of the developer as are necessary to complete installation of materials within the new electrical system area.
(b) If, after a new electrical system plan has been approved, the Superintendent shall certify to the city that a sum of less than $2,000 shall be sufficient to complete installation of materials within the new electrical system area, and the city shall approve a deposit in a lesser amount, the developer may deposit such sum less than $2,000 as the city shall approve.
(c) Upon completion of a new electrical system area, the City Clerk shall refund to the developer any monies on deposit which shall not have been used for the purchase of materials.
(Ord. 1225, passed 5-2-1995)
(a) The city may consider rate incentives for new upgrade/changeover commercial or industrial customers subject to each of the following criteria:
(1) An annual usage of at least 250,000 KWH shall be maintained;
(2) (A) The assessed valuation of the customer’s property shall have increased by at least $50,000 at the time of the new or upgrade/changeover service.
(B) This increase shall be computed from actual costs paid for property and improvements, and shall be verified by the city with the County Appraiser’s Office one year after the business expansion or start-up in the city’s electric service area.
(3) (A) At least five full-time equivalent (2,000 hours/year) jobs must be created as a result of the new or upgrade/changeover service. The hours of part-time temporary employees may be consolidated to obtain a full-time equivalent of 2,000 hours. Creation of new jobs shall mean an increase in the employment capacity of a business. For businesses relocating within the electric service area, only new jobs added after the relocation shall qualify the business for the incentives.
(B) Job creation and employee hours shall be verified with payroll records or certified statements from payroll records, provided by the customer annually after the business expansion or start-up in the city’s electric service area over the five-year period.
(b) The electric rate incentives shall be based on a five year period with a declining percentage of billing credit, as follows:
Year | Percent Reduction In Monthly KWH Charge |
1 | 25 |
2 | 20 |
3 | 15 |
4 | 10 |
5 | 5 |
6 | 0 |
(Ord. 1181, passed - -)
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