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�, <br />Elk s �- <br />River <br />Request for Action <br />To Item Number <br />Ma Tor and CinT Council 4.7 <br />Agenda Section Meeting Date Prepared by <br />Consent A enda FebYuar�r 21, 2023 ustin Femrite P.E., Public WoYks DirectoY <br />Item Description Reviewed by <br />CenterPoint Energ�T Gas Franchise Ordinance ared She herd, Ci r Attornev <br />Reviewed by <br />Cal Pormer, City Administrator <br />Action Requested <br />Adopt, byT motion, updated gas franchise ordinance with CenterPoint EnergyT <br />Background/Discussion <br />The current franchise ordinance (03-005) `vith CenterPoint EnergyT has reached its term. The new ordinance `vill <br />replace the e�sting ordinance and carries a new 20-year term. The approval of this new franchise ordinance `vill not <br />change the current franchise fee ordinance. The current franchise fees being collected byT CenterPoint energ�T will <br />remain the same. <br />We have worked with CenterPoint Energy on the language of the agreement, and they are supportive of it. <br />Financial Impact <br />None <br />Mission/Policy/Goal <br />Ethical, efficient, and responsible <br />Attachments <br />■ Proposed Franchise Ordinance <br />The Elk River Vision <br />A 2a�elcolning co�nlnunity 2a�ith T evolutiona� y and spizzted T esou� cefulness, exceptional <br />se�vice, and coln�nunity engagelnent that encou�ages and ins�iz•es pTo�pe�zty. <br />rowEREo ar <br />�I'1 ���� <br />Update�l• January 2023 <br />