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Minnesotan municipal electric u ' ' " s <br />have had the right to serve the. citizens <br />and businesses. wtliri annexed areas <br />since a ince tion o , e m ustry <br />more than'one hundre ears a o. <br />unicipal -utilities' right,to grow with <br />their cities: <br />• :;:provides a municipal utility's only <br />=real source of growth. The nabil- <br />'1tX to serve all citizens and busi- <br />nesses in the city represents lost <br />`revenue to the municipal utility <br />and to the city; <br />• - ensures that all city residents re- <br />.;~-k,~ <br />ceive-the municipal service from a <br />utility: they already own, to which <br />they are entitled as citizens of their <br />cities;. and <br />• ensures that all. customers re- <br />eeive the same service and-price <br />throughout the city. <br />Minnesota Iaw recognizes the_ <br />fundamerital truth that cities grow <br />because families and businesses want <br />city services and other.benefits of <br />being Iocated within the city. Cities <br />are the driving force behind economic <br />growth and citie§ work hard to `attract <br />25 <br />development. Its only proper`that <br />cities provide these services (including <br />electric service) in annexed areas as <br />growth occurs. <br />The 1974 law establishing electric. <br />utility service territories:was the result <br />of a landmark compromise between <br />investor-owned (IOU); cooperative, <br />and municipal utilities. The law gave <br />co-ops amarket guarantee for their <br />planned $1 billion Coal Creek project <br />and has provided them with a reYenue <br />stream to s~ipport;nurrierous other <br />large projects-over the years Tle,law_ <br />also; preserved the, right of municipal <br />