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ORDINANCE NO. 4897-89
E AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA,
RELATING TO THE FRANCHISE GRANTED TO FLORIDA POWER
CORPORATION BY ORDINANCE NO. 1091; AMENDING SECTION 8
i OF ORDINANCE 1091 TO INCREASE THE FRANCHISE FEE FROM
FIVE PERCENT TO SIX PERCENT, WITH CERTAIN CREDITS,
DURING THE REMAINDER OF THE TERM OF THE FRANCHISE;
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Clearwater, by the adoption of Ordinance No. 1091 on
{ July 5, 1956, granted unto Florida Power Corporation and its successors and
assigns the right and privilege of a franchise for constructing, maintaining
and operating an electric distribution and transmission system in the City of
Clearwater for a term of thirty (30) years; and
WHEREAS, the City finds it necessary to increase the franchise fee during
the remainder of the term of the franchise as provided herein; now, therefore,
# BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF
CLEARWATER, FLORIDA:
Section 1. Section 8 of Ordinance No, 1091 is amended to read:
Section 8. Effective the first day of the first month after the effective.
date of this ordinance,, grantor shall be entitled to receive from grantee a
monthly franchise fee equal to six percent 6% of grantee's revenues from the
sale of electrical energy- to residential and commercial customers Plus six
percent (6%) of grantee's revenues from grantor for public street l ighting_,_al all
within the corporate limits of grantor, less an amount equal to one-twelfth
X12 the amount of all taxes,- licenses and other impositions _levied _or imposed
b grantor upon grantee's electric utility facilities and property and grantee's
business and operations for the preceding year. The franchise fee for each month
shall be parable by the grantee on or before the fifteenth day of the following
month, in care of the City Finance Director. As-a-rut-hep eend4tie-R ke=
granting of this franeh4se, the said grantee sh-all, dup4ng the term of th4s
this fi-aneh4se, aRd the r4ght5 and privileges granted and conferred 0
G 1* 4.
4ei the first ten yeap--period erthi.'7-f-FaTT'GT4"sfl.',-/'5'V-TVS--the--'second rccrryear
peped and-6.00% fGP the third ten year- period,, he .,eyeRues
by the G4ty wheR used 413 MUR4eipal purposes. The sa4d grantee shall be fequ4ped
f'
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Section 2. This ordinance shall take effect immediately upon adoption,
subject to the acceptance hereof by the Grantee within 30 days after its
adoption.
PASSED ON FIRST READING _ October 5, 1989
PASSED ON SECOND AND FINAL
READING AND ADOPTED Octobe 19, 1999
/---
':.ale ,
Rita Garvey
Mayor'-Commissioner
Attest:
Cynt Na E Gau eau
City lerk
: f Approved ?as to farm
z ?.
.,i and correctness:
r4 ? ` t
M. A. Ga rait , Jr
City Attorney
f
ACCEPTED:
FLORIDA POWER CORPORATION,
on behalf of itself and its
successors a assigns
?? r= By
k T.?
Title: V' 1C?SrS??CoA?15roT
Date: ! ?~
Attest:
Secre ary
4
2