92-24 v RESOLUTION NO. 92-24
A RESOLUTION ASSESSING A FRANCHISE khE OF FIVE PER
CENTUM OF THE GROSS RECEIPTS OF VISION ENERGY'S
SALES OR DELIVERY OF GAS IN THE CITY LIMITS OF
ATLANTIC BEACH
WHEREAS, the City Commission of Atlantic Beach authorized the execution
of agreement of franchise to Peoples Gas system, Inc. , and
WHEREAS, the franchise agreement allows for a franchise fee, and
WHEREAS, Peoples Gas System, Inc. , has assigned the franchise to Vision
Energy, and
WHEREAS, the rights-of-way of the City of Atlantic Beach are being used
by Vision Gas to deliver gas,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF ATLANTIC BEACH,
FLORIDA;
Section 1. The City does hereby assess a franchise fee of five (5)
per centum of the gross receipts of Vision Energy's sales or delivery of
gas in the city limits. The franchise fee is assessed in accordance
with the franchise agreement made between Peoples Gas and the City of
Atlantic Beach and Ordinance No. 40-89-15.
Section 2. Effective Date. This Resolution shall become effective
immediately upon its passage by the City Commission.
Adopted by the City Commission this 24th day of August , 1992.
At A A .
r 'r •m.. "ford, iil�
MAYOR
Approved as to form and correctness:
an C. Jel -• • , Esquire
City Atto• .,y
ATTES T:
Laz.J % Z
Maur en King
City Clerk