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03-90-Ordinance-Establishing a Franchise Fee for Sanger Electric-09/04/1990^ 2*<21\» ■±\22t2\\ 2■ *�°�!1 $° «»< ?e»-»- ��7f■22 ■?���a \?\±!\.\\\a \7?\!\\?±2�■2 ?22f\?#f\ ±2a \f2\�\22:\ AI0 Wa a OLN V LVA » JJAJ BE IT ORDAINED ;2 the §2» Council of the City of Sanger, Denton iN County, Texas: « w o/ Sanger Electric.Department, r Department of the City of Sanger, Texas shall transfer on ! quarterly basis beginning October 1, :*t■ and continuing 1 y an amount «equal to three per °\ of gross revenues received Sanger,retail sale of electric energy. to the General Fund of the City of »<2 -Sectiontransfer of funds shall be .£b*led a "Franchise « and be In consideration of the right, privilege and franchise for .. of City - © alleys, public ways and easements, for the retail sale, distribution and transmission of Electrical energy © corporate City Limits of the City of Sanger, «<»« Section 3: ?22 Ordinance Shall become effective immediately u» passage by the Council of the City of Sanger. <»«<»»«� � „\■«§ © �2< r»» ■/\ ©©©°-' ATƒ ,T| Rosalie Garcia,City Secretary Nel Armstrong Mayor