HomeMy WebLinkAboutPHN - Electric and Gas Franchise Fees - PUBLISH 06-10-25 NOTICE OF PUBLIC HEARING Notice is hereby given that a public hearing will be held by the City Council of Iowa City, Iowa, at which time the Council will consider:
An ordinance amending Title 12, Chapter 5, Franchise Fees to repeal the one percent (1%) franchise fee and enact a two percent (2%) franchise fee on the gross revenue derived from the distribution, delivery, and retail sale of
electricity and natural gas by franchisees including MidAmerican Energy Company, or other natural gas providers utilizing the distribution system of MidAmerican, to customers within the current or
future corporate limits of the City of Iowa City, and to describe the purpose for the revenue collected,
which includes a Revenue Purpose Statement specifying the purposes for which the revenue collected from the franchise fees will be expended as follows:
1. The following Revenue Purpose
Statement sets forth the purposes for which the revenue collected from the
franchise fee will be expended: a. Inspecting, supervising and
otherwise regulating the MidAmerican Energy Company's
gas and electric franchises. b. Property tax relief.
c. The repair, remediation, restoration, cleanup,
replacement, and improvement of existing public improvements
and other publicly owned property, buildings, and facilities.
d. Projects designed to prevent or mitigate future disasters.
e. Energy conservation measures for low-income homeowners,
low-income energy assistance programs, and weatherization
programs. f. Public safety, including the
equipping of fire, police, emergency services, sanitation, street, and civil defense departments.
g. The establishment, construction, reconstruction, repair, equipping,
remodeling, and extension of public works, public utilities, and public transportation systems. h. The construction, reconstruction,
or repair of streets, highways, bridges, sidewalks, pedestrian underpasses and overpasses,
street lighting fixtures, and public grounds, and the acquisition of real estate needed for such purposes. i. Property tax abatements, building permit fee abatements,
and abatement of other fees for property damaged by a disaster. j. Economic development activities and projects. k. Any other lawful purpose
Said public hearing will be held at 6:00 p.m. on the 17th of June 2025, in Emma J. Harvat Hall at City Hall, 410 E. Washington St., in said city, or if said meeting is cancelled, at the next meeting of the City Council thereafter as posted by the City Clerk.
A copy of the proposed ordinance is on file for public examination in the office of the City Clerk, City Hall, Iowa City, Iowa. Persons wishing to make their views known for Council consideration are encouraged to appear at the above-mentioned
time and place. Copies may also be made available by telephoning the City Clerk at 319-356-5043 or emailing kgrace@iowa-city.org.
Kirk Lehmann, Assistant City Manager