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Electric Franchise Fee_ResolutionsTHE CITY OF DUB UE MEMORANDUM Masterpiece on the Mississippi BARRY LINDA CITY ATTORN 7 -�^ Mayor Roy D. Buol and Members of the City Council To: DATE: February 23, 2010 RE: Electric Franchise Fees Resolutions We have discovered a typographical error in two of the resolutions approving the Revenue Purpose Statements for the amendments to the electric franchise fees. In the Alliant and Maquoketa Valley resolutions, there is a reference to "gas" franchise fees that should have been "electric" franchise fees. The attached resolutions correct the error. This does not affect the validity of the original resolutions. BAL:tls Attachment cc: Michael C. Van Milligen, City Manager Jenny Larson, Budget Director Ken TeKippe, Finance Director Jeanne Schneider, City Clerk F:\ USERS \tsteckle \Lindah I\ Memos \MayorCou ncil_Amending ElectricFranchiseFeesResolutions _022310.doc OFFICE OF THE CITY ATTORNEY DUBUQUE, IOWA SUITE 330, HARBOR VIEW PLACE, 300 MAIN STREET DUBUQUE, IA 52001 -6944 TELEPHONE (563) 583 -4113 / FAx (563) 583 -1040 / EMAIL balesq @cityofdubuque.org RESOLUTION NO. 60-10 The last paragraph of Resolution No. 28 -10 is amended to read as follows: Pursuant to the provisions of Iowa Code Section 364.2(4)(f), the City Council hereby establishes the following purposes for which franchise fee revenues from its electric franchise with Alliant Energy may be used or expended: AMENDING RESOLUTION NO. 28 -10 WHICH APPROVED A REVENUE PURPOSE STATEMENT FOR THE USE OR EXPENDITURE OF ELECTRIC FRANCHISE FEE REVENUES FROM THE SALE OF ELECTRICITY BY ALLIANT ENERGY WITHIN THE CITY OF DUBUQUE Whereas, Resolution No. 28 -10 adopted by the City Council on the 1 day of February, 2010 approved a Revenue Purpose Statement for the use or expenditure of electric franchise fee revenues from the sale of electricity by Alliant Entergy within the city of Dubuque; and Whereas, Resolution No. 28 -10 contained a typographical error. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Atte Property tax relief. The City will use 100% of the revenue collected from the 1% increase in the electric franchise fee for property tax relief. Passed, approved and adopted the 1st day of March, 2010. eanne F. Schneider, City Clerk PLP Roy I Buol, Mayor FA USERSt tstecklel indahl \ResolutionsTranchiseFee_Amend ingApprovalRevenuePurposeStatement _AlliantEnergy_022310.doc RESOLUTION NO. 61-10 AMENDING RESOLUTION NO. 30 -10 WHICH APPROVED A REVENUE PURPOSE STATEMENT FOR THE USE OR EXPENDITURE OF ELECTRIC FRANCHISE FEE REVENUES FROM THE SALE OF ELECTRICITY BY MAQUOKETA VALLEY ELECTRIC COOPERATIVE WITHIN THE CITY OF DUBUQUE Whereas, Resolution No. 30 -10 adopted by the City Council on the 1st day of February, 2010 approved a Revenue Purpose Statement for the use or expenditure of electric franchise fee revenues from the sale of electricity by Maquoketa Valley Electric Cooperative within the city of Dubuque; and Whereas, Resolution No. 30 -10 contained a typographical error. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: The last paragraph of Resolution No. 30 -10 is amended to read as follows: Pursuant to the provisions of Iowa Code Section 364.2(4)(f), the City Council of the City of Dubuque hereby establishes the following purposes for which the franchise fee revenues from its electric franchise with Maquoketa Valley Electric Cooperative may be used or expended: Property tax relief. The City will use 100% of the revenue collected from the 1 %. increase in the electric franchise fee for property tax relief. Passed, approved and adopted the 1st day of M- ch, 2010. Attest: eanne F. Schneider, City Clerk Roy D/: uol, Mayor F:\ USERS\ tsteckle\ 1. indahl \Resolutions\FranchiseFee AmendingApprovalRevenuePurposeStatement _MaquoketaValley_022310.doc