§ 3.6. Change of franchise fee and other franchise terms.  


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  • The city council, upon giving ninety (90) days notice to United Power, may request that the city and United Power review the franchise fee and other financial aspects of the franchise. After discussion and agreement, the council and United Power may change the franchise fee payments, or other provision of this franchise to cause the city to receive a franchise fee, or other significant financial benefit. In no event shall the franchise fee be higher than the highest consideration paid by United Power to any municipality in the State of Colorado.