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HomeMy WebLinkAboutOrdinance No. 2025-06 CenterPoint Energy Franchise Fees227405v1 ORDINANCE NO. 2025-06 AN ORDINANCE AMENDING ORDINANCE NO. 2012-15 A GAS ENERGY FRANCHISE FEE ON CENTERPOINT ENERGY MINNESOTA GAS ("CENTERPOINT ENERGY") FOR PROVIDING GAS ENERGY SERVICE WITHIN THE CITY OF EDINA. THE CITY COUNCIL OF THE CITY EDINA, HENNEPIN COUNTY, MINNESOTA ORDAINS: SECTION 1. Section 3 of Ordinance No. 2012-15 is amended to provide as follows: Section 3. FRANCHISE FEE STATEMENT AND SCHEDULE. A franchise fee is hereby imposed on CenterPoint Energy in accordance with the following percent (%) of gross revenue per account per month based on metered service to retail customers within the City: Customer Classification Effective 01/01/2026 Residential 4.00% Firm A 4.00% Firm B 4.00% Firm C 4.00% Sm Vol, Dual Fuel A (SVDF A) 4.00% Sm Vol, Dual Fuel B (SVDF B) 4.00% Lg Vol, Firm and Dual Fuel (LVDF) 4.00% Franchise fees are to be collected by CenterPoint Energy, consistent with the Minnesota Public Utility Commission’s March 23, 2011, Order establishing franchise fee filing requirements in Docket No. E,G999/CI-09-970, and submitted to the City as follows: January – March collections due by April 30 April – June collections due by July 31 July – September collections due by October 31 October – December collections due by January 31 SECTION 2. EFFECTIVE DATE OF FRANCHISE FEE. The effective date of this Ordinance shall be after its publication and sixty (60) days after sending written notice enclosing a copy of this adopted Ordinance to CenterPoint Energy by certified mail. First Reading: August 6, 2025 Second Reading: Waived Published: 227405v1 Attest: Sharon Allison, City Clerk James B. Hovland, Mayor Please publish in the Edina Sun Current on: Send one affidavit of publication. Bill to Edina City Clerk Sharon Allison (Aug 7, 2025 12:27:27 CDT)