Second Consideration of Ordinance 812 Imposing Franchise Fees on Black

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Recorded in the minutes as: “2. Second Consideration of Ordinance 812 Imposing Franchise Fees on Black Hills/Iowa Gas Utility Company, LLC D/B/A Black Hill Energy and MidAmerican Energy Company in the Amount of Three Percent (3%) of the Gross Revenues Derived by the Companies From the Sale and Distribution of Electricity and … Motion: approve Second Consideration of Ordinance 812 Imposing Franchise Fees on Black Hills/Iowa Gas Utility Company, LLC D/B/A Black Hill Energy and MidAmerican Energy Company in the Amount of Three Percent (3%) of the Gross Revenues Derived by the Companies From the Sale and Distribution of Electricity and Natural Gas to Customers Within the Corporate Limits of the City Pursuant to Iowa Code Sections 364.2 and 384.3A (2026)”. The minutes add: “atural Gas to Customers Within the Corporate Limits of the City Pursuant to Iowa Code Sections 364.2 and 384.3A (2026) City Manager Anderson reviewed the details of the proposed ordinance and mentioned that it would be perpetual unless the Council decided to repeal the ordinance. The mayor and council members highlighted some previous conversations about the proposed franchise fee. Mayor Gisch …”

Motion as recorded: “approve Second Consideration of Ordinance 812 Imposing Franchise Fees on Black Hills/Iowa Gas Utility Company, LLC D/B/A Black Hill Energy and MidAmerican Energy Company in the Amount of Three Percent (3%) of the Gross Revenues Derived by the Companies From the Sale and Distribution of Electricity and Natural Gas to Customers Within the Corporate Limits of the City Pursuant to Iowa Code Sections 364.2 and 384.3A (2026)”.

The minutes give only the count (4–0), so individual votes are Not in the record. Vote line as printed: “Roll Call: Ayes: All. Nays: None.”.