TAMRMS#: B06
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Electrical Franchise Fees
Presented by: Diane McMordie, Director of Financial Services
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RECOMMENDATION(S)
recommendation
1. That the City of St. Albert introduce an electrical franchise fee on the 1st of each year as follows:
a. 2019 - 5%
b. 2020 - 2.5%
c. 2021 - 2.5%
These fees are cumulative/incremental and will reach the final intended fee of 10% in January 2021.
2. That notice be provided to Fortis Alberta no later than October 1, 2018 of the City’s intent to introduce a franchise fee of 5% effective January 1, 2019.
3. That Administration execute and complete all required documentation and advertising requirements to enable consideration of approval by the Alberta Utilities Commission.
4. That any required bylaw amendments are brought forth to Council at an appropriate time to enable the implementation of a franchise fee for January 1, 2019.
5. That City Council Policy C-FS-05 Budget and Taxation Guiding Principles, be amended by substituting the proposed City Council Policy C-FS-05 Budget and Taxation Guiding Principles (Amendments Incorporated), as shown in the Attachment to the June 25, 2018 agenda report entitled "Electrical Franchise Fees".
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PURPOSE OF REPORT
To provide Council with the relevant information regarding the 2 options for the implementation of an electric franchise fee in St. Albert as well as to provide amendments to policy C-FS-05 Budget and Taxation Guiding Principles indicating the use of gas and electrical franchise fees as an offset to the municipal tax requirement.
COUNCIL DIRECTION
On May 7, 2018 Council passed the following motion:
CM-18-023
That Administration prepares for Council’s consideration by June 25, 2018 the following:
That Administration provides fee introductory options based on the following criteria:
a) A single fee introduction of 10%
b) A staged fee introduction that would foresee the initial introduction set at 5% with an annual 2.5% increment over the following two...
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