Title
Approving the Energy Park Utility Company franchise rates.
Body
WHEREAS, Sections 6(e) and (f) of the Franchise Ordinance granted by the City in connection with the operation of the Energy Park Utility Company require that the City approve any amendments to Sections 4, 5 and 10 of the Customer Contracts currently in place with respect to the Energy Park Utility Company, as well as changes to Schedule A of the contracts. The proposed Schedule A has been filed with the City as required by Sections 6(e) and (f) of the Franchise Ordinance; and
WHEREAS, the City Charter requires that, before any rates charged by a public utility are increased by the City Council, the City Council shall hold a public hearing on the matter, which public hearing has been conducted at this meeting, after notice of this hearing was published, at least once in the official newspaper of the City, not less than ten days prior to the date of this meeting.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Saint Paul that pursuant to Section 16.03 of the City Charter, and Sections 6(e) and (f) of the Franchise Ordinance in effect with respect to the Energy Park Utility Company, the proposed Schedule A is hereby approved, and any notice periods contained therein, and otherwise governing the effective dates of Schedule A are hereby waived.