§ 10.3. Franchise fee.  

Latest version.
  • The city shall have the right and power to levy and collect annually a franchise fee from any utility corporation using and occupying the public streets and grounds of the city, separately from the tangible property of such corporations, and to levy annually upon the property and shares of corporations, companies and corporate institutions as the same are now, or may be, assessed hereafter by the state laws, and shall have full power to enforce the collection of such taxes.

( Ord. No. O-7-18, 2-12-2018, as approved by voters as shown on Ord. No. O-19-18, 5-14-2018 )