Loading...
Franchise fee increase for ParksCITY OF HOPKINS FINANCE DEPARTMENT MEMORANDUM Date: July 16, 2013 To: Mayor & City Council From: Christine Harkess, Finance Director Subject: Franchise Fee Increase for Parks The Franchise Agreement for electric and gas expires on December 31, 2013. This is an opportune time to review the fees and determine if an adjustment should be proposed. Staff was given the direction to determine the impact of a $0.50 increase on each of these franchise fees with the funds dedicated to park improvements. Attached is an analysis of the original rates, the increase for streets and in yellow the increase for parks. The discussion on a franchise fee increase will take place along with the discussion on the Park Dedication fund and scheduled projects. H c d E d 0 O. E Y CL 0 0 N 0 CD N (0 i v c CD m w v 0 N 'a 0 0 0 0 0 0 0 0 0 0 a COO 'a m o 0 0 0 if m ONO CD m m m O M (D r- N 0 0 0 0 0 0 V O M 000 M COO M N- It N (0 (O (D CD M O CO CO M M C C Q OO L V (Oo lOo lOo lOo 0 0 0 0 U) U') U') U') U') (O 0 0 0 0 0 0 O C N M M 0 0 0 0 0 0 0 c 00 CO ` V M V' O M (^D V V 0) t M 0 O) o M— 0 0 d c N N C) — L d IL (D'rov O0000 o v M '* O V N 0 O O O O O O 't co N i (0 ItInmN N ` O�v(flIt (o 00 0) +' Y M A� O m V m� Cl! M m m l0 (O _ co O N OCV q (O M M N d m V d LL V ", 0 c O d LO d N M co a _ aL 0 _ o C) cc) 000(0 00000 O co 00 mNOm 000000 O m N a0. I N Cl) Cl) 00h U)4 (O W 4 (O M C 0) N m m N �, Cl) cm M to N N M F- r d V 7 d 7 M m f- h 7 d m (0 O O (o O co L7 d O .`. h Cl) 00 O CO I- r- M 'It 0) O " O E (n CO N N M E N cO (D p cn d Q Q N N (O N O O O O O O O O p O'a f-U)OON 0V OOOOO O N C O O O N N C O V N (.O 4 (D CO (`0 a O LL m N co O m (O m O O C O Lq LL N 00 m M 0 Zo m 00 (o 00 M c0 N .4 C O 3 O C U) h U) M N O c I (n (O (O V (O O M d LL E4)m—Cl) t 0) N0 N Vr 0 Q U) H M V Mr-- LO w d o A M L 0 0 t r m Z Ul i 7 (p U � -a m o(000 0) N 00 U7 (o 0 - N Cl) � O U) CL 3 L Cl aZ o(OOo N y M 0 0 0 — MSU) N X O— M O O O O CD c 0 0 0 0 0 Er" (0 N m M O 'C co % c m E a a� O m c E Z 0 L � od 06 06 c aciUUU w -0 @ @ rn da�EE X Q' (n U) J � r O E p N O O L Z f/J 7 (0 U � -a a) O o CD 03N L Q% CL (O v mm CO co m' N O (0 — N 7 lui O O o 0 o O N U) U) (O U) (o N V) LO O U) V) M O O 0 0 0 0 0 0 N d� O O O O O m moU)0 N Q. M O O (C 0 0 0 0 0 0 p C 0 0 0 0 0 0 CM CO m 00 to (D Z�O Q U j U f0 LL cm 0) E En Q m c E D W Um Citi m c_ _ m .m m m � O U 2 > > o d -o E E m m m rn U WUUU)cn-i co co O a COO 'a OOOOO (�O r E p O VJ N Q ui if m ONO CD m m m O M (D r- N N M O p C r- y N Q M w V O M 000 M COO M N- It H M V Mr-- LO w d o A M L 0 0 t r m Z Ul i 7 (p U � -a m o(000 0) N 00 U7 (o 0 - N Cl) � O U) CL 3 L Cl aZ o(OOo N y M 0 0 0 — MSU) N X O— M O O O O CD c 0 0 0 0 0 Er" (0 N m M O 'C co % c m E a a� O m c E Z 0 L � od 06 06 c aciUUU w -0 @ @ rn da�EE X Q' (n U) J � r O E p N O O L Z f/J 7 (0 U � -a a) O o CD 03N L Q% CL (O v mm CO co m' N O (0 — N 7 lui O O o 0 o O N U) U) (O U) (o N V) LO O U) V) M O O 0 0 0 0 0 0 N d� O O O O O m moU)0 N Q. M O O (C 0 0 0 0 0 0 p C 0 0 0 0 0 0 CM CO m 00 to (D Z�O Q U j U f0 LL cm 0) E En Q m c E D W Um Citi m c_ _ m .m m m � O U 2 > > o d -o E E m m m rn U WUUU)cn-i