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05-13-24-WS
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05-13-24-WS
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Attachment A <br />AGENDA ITEM — 3C <br />'It <br />,-ARZEN HILLS <br />105 I DIU M ►7_1\111005 <br />DATE: August 21, 2023 <br />TO: Honorable Mayor and City Councilmembers <br />FROM: Dave Perrault, City Administrator <br />SUBJECT: Franchise Fee Discussion <br />Budgeted Amount: Actual Amount: Funding Source: <br />N/A N/A N/A <br />For Council Consideration <br />Council should consider providing direction on moving forward with Franchise Fees. <br />Background <br />At the last worksession, the City Council discussed the use of Franchise Fees to help support the <br />Permanent Improvement Revolving (PIR) Fund. The City's financial advisor, Ehlers, has put <br />together a memo on the topic and will be present to give an overview and answer questions. <br />If the Council is supportive, further discussions will need to be had with Xcel, and the Council may <br />want to consider what marketing activities need to take place to help inform and educate residents. <br />Budget Impact <br />N/A <br />Attachment <br />Attachment A: Ehlers Memo on Franchise Fees <br />Page 1 of 1 <br />
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