Ordinance amending Ordinance No. 5880 which granted MidAmerican Energy Company, its successors and assigns, the right and franchise and privilege through February 2, 2028, to acquire, construct, erect, maintain and operate in the City of Council Bluffs, Iowa, an electric system and to furnish and sell electric energy to the City and its inhabitants, and prescribing the terms and conditions thereof and authorizing the collection of a franchise fee and also amending Ordinance No. 6149 which established an annual cap to the amount of franchise fee that could be collected from a qualifying customer. 

The purpose of this amendment is to eliminate the cap on franchise fees for any users that did not qualify for the cap between 2/27/2012 and the effective date of this ordinance, which shall occur upon its publication.  The reason behind this request is that the demand for electricity has increased dramatically in recent years and we are now at the point that it is no longer deemed to be in the best interest of the City to cap such fees.