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041 of 1998 - Public Utilities Franchise Fee Amount0 98-1 0 98-17 SALT LAKE CITY ORDINANCE No. 41 of 1998 (Public Utilities Franchise Fee Amount) AN ORDINANCE AMENDING SECTION 17.16.070, SALT LAKE CITY CODE, RELATING TO THE AMOUNT OF FRANCHISE FEES COLLECTED ON PUBLIC UTILITIES DEPARTMENT BILLINGS. Be it ordained by the City Council of Salt Lake City, Utah: SECTION 1. That Section 17.16.070, Salt Lake City Code, be, and the same hereby is, amended to read as follows: 17.16.070. Franchise fees for use of city streets. A. Purpose. The public utilities department is operated as an enterprise fund, and the city receives no revenue from the department's use of city streets. The city's objective in enacting the ordinance codified in this section is to fairly and equally charge for the department's use of the city's streets the same cumulative charges the city has imposed against utility companies for their use of city streets under other city ordinances. B. Amount. In addition to the other charges provided for in this chapter, the department shall pay, to the city, a franchise fee equal to six percent of the gross revenues received by the department from the operation of the public utility. The department is authorized to add to each billing for water and/or sewer services rendered within city limits, a fee equal to the fee imposed by this subsection. Funds collected under this section shall be distributed to the city's general fund within forty-five days after the close of each month in any calendar year, together with a report of such revenue showing the general service and the actual amounts collected. SECTION 2. EFFECTIVE DATE. This ordinance shall take effect on the date of first publication. Passed by the City Council of Salt Lake City, Utah, this 9 day of June ATTEST: , 1998. IEF D PUTY ITY REO'DER Transmitted to the Mayor on CHAIRPE N June 10, 1998 Mayor's Action: ) Approved. Vetoed. MA Date m , By cac±in'''"tr-) APPROVErt AS TO FORM Salt La a City iw me ,'8 (Vice 2e ATTEST: CHIEDEPUT CI Y R CORDER of 1998. June 17, 1998