Chapter 3.25
IN-LIEU-OF FRANCHISE FEE

Sections:

3.25.010    In-lieu-of franchise fee.

3.25.010 In-lieu-of franchise fee.

Effective July 1, 2013, as compensation for the use of city-owned rights-of-way, the water, sewer, and storm drainage funds shall pay the general fund an in-lieu-of franchise fee. This fee shall be in an amount equal to five percent of the net revenue of the water, sewer, and storm drainage charges collected within the city after deductions have been made for any outstanding bonded debt service obligations. [Ord. 2013-002 § 1, 2013.]