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HomeMy WebLinkAbout2025-10-06 I01J_02 Gas Utility Sale_Franchise Ordinance_Set PHAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: October 6, 2025 AGENDA ITEM:Consideration of approval of a motion setting October 20, 2025, as the date of public hearing on an ordinance granting MidAmerican Energy Company, its successors and assigns, the right and franchise to acquire, construct, erect, maintain and operate in the City of Waukee, Iowa, natural gas system facilities and to furnish and sell natural gas to the City and its inhabitants for a period of 25 years pursuant to Iowa Code Section 364.2 (2025) FORMAT:Motion SYNOPSIS INCLUDING PRO & CON: At a special election earlier this year, the residents of Waukee voted to approve for the sale of the Waukee Municipal Gas Utility. The City has reached an agreement with the Mid American Energy for the sale of the utility which is scheduled to occur on October 22, 2025. As a part of the sale, the City must grant a franchise agreement to spell out certain terms for MidAmerican Energy Company to provide and furnish natural gas and associated system facilities within the city limits of the City of Waukee. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the motion. ATTACHMENTS: PREPARED BY:Brad Deets, City Administrator REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: Dallas County News DATE OF PUBLICATION: 10/16/2025 I1J2