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(1) This chapter shall not alter any existing franchise agreements between the City and energy suppliers.

(2) There is a credit against the tax due from any consumer in the amount of a contractual franchise fee paid if:

a. The energy supplier pays the contractual franchise fee to the City pursuant to a franchise agreement in effect on July 1, 1997;

b. The contractual franchise fee is passed through by the energy supplier to a consumer as a separately itemized charge; and

(3) The energy supplier has accepted the franchise.

(Ord. No. 97-31 Enacted 06/30/1997)