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Urbandale council approves first steps on 20‑year MidAmerican franchise agreements, including 1% fee
Summary
Council opened and closed public hearings and approved council letters advancing electric and natural‑gas franchise agreements with MidAmerican Energy. Agreements modernize 20‑year terms, include 'openers' at years 10 and 15, and add a 1% franchise fee estimated to generate about $500,000 in year one; revenue purpose statement and second ordinance readings are still required.
The Urbandale City Council advanced franchise agreements with MidAmerican Energy Company for electric and natural‑gas service, approving council letters to move both items forward after public hearings.
John Coneyer, the city’s Director of Administrative Services and Risk Management, told the council the draft franchise agreements modernize 25‑year‑old contracts, authorize use of city rights‑of‑way, update responsibilities for construction and relocations, and add a 1% franchise fee (in…
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