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4.2. SR 10-27-1997~.,y of MEMORANDUM Item #4.2. TO: FROM: DATE: SUBJECT: Mayor & City Council Lori Johnson, Asst. City Administrator/ Finance Director October 27, 1997 Consider Contribution to Coalition of Utility Counties and Coalition of Utility Cities At last week's City Council meeting, Assistant County Attorney Kathleen Heaney updated the Council on the Coalition of Utility Counties and its work regarding the electric utility personal property tax issue. Sherburne County has been a very active participant in the Coalition of Utility Counties. We have be able to rely on the county for information and leadership in dealing with this issue. The Coalition of Utility Cities has also been working on this issue and also hired a lobbyist to protect the cities' interests. Both of these groups are working toward the same goals and the work of both will be beneficial to Elk River. Earlier this year the city contributed $500 to Sherburne County to help offset its lobbying costs. The lobbing costs are split proportionately among the participating counties so our contribution directly helped to reduce Sherburne County's cost. The Coalition of Utility Cities has now made a formal request for city participation through a joint powers agreement and proposed dues of $1,735. Attached is the list of cities affected by this issue, the proposed dues for each city, and also a copy of the joint powers agreement. Elk River has not been very active in the City Coalition probably because the County Coalition organized earlier and included the city as part of the organization through meetings, fax updates and numerous conference calls. The County Coalition has strong leadership and has done a good job of representing our interests. Although Sherburne County has not made a request for an additional city contribution, it may be appropriate for the city to consider helping the 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone: (612) 441-7420 · Fax: (612) 441-7425 County fund its share of the costs for the lobbyist who has already started preparing for the upcoming legislative session. The Council should also decide whether it wants to become a member of the Coalition of Utility Cities through its joint powers agreement and pay the proposed dues, or whether the Council would prefer to simply make a contribution without becoming an official member of the group. Action Requested The Council is asked to consider the request from the Coalition of Utility Cities to approve the Joint Powers Agreement and pay the associated dues. The Council is also asked to consider a contribution to Sherburne County to offset its costs related to this issue. \\elkriver\sys\shrdoc\council\elecutil.doc Coalition of Utility Cities ~ ..,posed dues are equal to $1,250 + 0.005% of each city's 1996 market value in generating machinery. Machinery Proposed ,Ci~ Mkt Value Dues Becker 478,845,200 25,192 Burnsville 81,738,100 5,337 Cohasset 197,370,900 11,119 Duluth 1,127,000 1,306 Elk River 9,700,200 1,735 Fergus Falls 21,154,600 2,308 Granite Falls 7,507,200 1,625 Hoyt Lakes 18,267,600 2,163 Inver Grove Heights 21,324,900 2,316 Mankato 22,385,800 2,369 Monticello 197,297,000 11,115 Oak Park Heights 58,847,800 4,192 Red VVing 373,507,800 19,925 Shakopee 11,930,100 1,847 ~' Cloud 5,265,000 1,513 To~ 92,550 JOINT POWERS AGREEMENT The parties to this Agreement are all governmental units existing pursuant to the laws of the State of Minnesota. This Agreement is made and entered into pursuant to Minnesota Statutes, Section 471.59. WITNESSETH: WHEREAS, pursuant to Minnesota Statutes, Section 471.59 (Joint Exercise of Powers), local government units may enter into an agreement through the action of their respective governing bodies to jointly or cooperatively exercise any power common to the contracting parties or any similar powers, including those which are the same except for the territorial limits within which they may be exercised; and WHEREAS, the parties hereto derive significant revenues in the form of personal property taxes levied on electric generation or distribution facilities located in their respective jurisdictions; and WHEREAS, the Minnesota Department of Revenue, in conjunction with the Public Utilities Commission (PUC) and the Department of Public Service, has issued a study dated January 15, 1997 entitled "Analysis of Utilities Taxation in Minnesota" and has presented such information before the Senate Subcommittee for Property Tax and Local Government Budget Division, Senator Sandra L. Pappas, Chair, on February 5, 1997; and WHEREAS, the above-referenced study by the Department of Revenue has in fact recommended the decreased use or elimination of personal property tax as a source of revenue for local government units; and WHEREAS, Investor Owned Utilities (IOU's) have proposed legislation which would remove personal property tax from the available tax capacities of the affected local government units; and WHEREAS, local government units who lose tax capacity as a result of the elimination or decreased use of personal property tax as a source of revenue could see significant increases in property taxes at the local level as a result of such legislation without the replacement of such revenues; and WHEREAS, proposed replacement revenues such as a "meter" tax would not provide the same assurance of cash flow since such revenues would be collected and administered outside of local control thereby decreasing the reliability and security of the revenues; and WHEREAS, with the loss of the personal property tax as a revenue source, the affected local government units will experience an adverse impact in their ability to bond, bond ratings, long-term debt, and problems with outstanding debt including issues concerning on-going bond disclosure requirements. NOW, THEREFORE, BE IT RESOLVED, that in consideration of the mutual covenants contained herein, the parties hereto agree as follows: Purpose. The purpose of this Agreement is to establish a coalition of local government units to carry out the following purposes: a. Monitor electric utility tax and regulatory issues for cities; Conduct research and analysis on electric utility tax and regulatory issues on behalf of cities containing electric generation or distribution facilities; Co Develop options to protect or replace lost revenues which will result from the deregulation of the electric utility industry or tax changes; d. Coordinate activities with other interest groups and governmental entities; Communicate directly through lobbying or through preparation of advocacy materials with the legislature, state agencies, and the media; Retain consultants to develop and provide member cities with technical advice and support to implement programs to meet the purposes stated in this Agreement; and ge Take such other actions as are deemed necessary and appropriate consistent with the foregoing general purposes stated in this Agreement. o Coalition ofUtili _ty Cities (CUC). The parties hereto agree to identify this Agreement and the resulting governing joint powers board, as established in paragraph 3 of this Agreement, as the Coalition of Utility Cities (CUC). 3. Joint Powers BQard. ao The development, management, and control of the CUC shall be vested in a joint powers board. The joint powers board shall be composed of representatives appointed by each member local government unit. Each member local government unit shall appoint one (1) director representative and one (1) alternate representative to serve on the joint powers board. The alternate representative appointed by each member government unit shall be entitled to attend meetings of the joint powers board and may vote in the absence of the member's director representative. 2 de eo Each designated director representative and alternate representative of a member local government unit on the joint powers board shall serve a term of one (1) year or until successors are duly appointed by the governing body of the member local govemment unit. A vacancy on the joint powers board shall be filled by appointment by the respective governing body of the member lo,al government unit left unrepresented by the vacancy. Except as otherwise provided, the transaction of business by the joint powers board shall be by majority vote of those board members present at a meeting at which a quorum is present. At all meetings of the joint powers board, one-half (1/2) of the board members currently serving on the board shall constitute a quorum for the transaction of business. Meetings of the joint powers board shall be held at least one (1) time per fiscal year, as called by the president. Except as otherwise provided by law, a meeting of the joint powers board may be conducted by telephone conference call. The joint powers board shall at its first meeting, and at an annual meeting held prior to July 1 of each year after 1997, elect officers who shall consist of a president, vice-president, secretary, and treasurer. The president and vice-president shall be elected by the joint powers board from those director representatives then serving on the joint powers board. The president and vice- president shall not be the same person and shall not be the secretary or treasurer. The secretary and treasurer may be the same person but need not be a director representative of a member local government unit serving on the joint powers board. o go The joint powers board may adopt appropriate bylaws governing the conduct of the board. ~zb_ed.~. Any municipal corporation located within the state of Minnesota that has an interest in electric utility regulatory or tax issues may become a member of the CUC. The initial members of the CUC shall be those local governmental units who have executed an identical copy of this Agreement on or before December 31, 1997 and submitted the same along with payment of its assessment, as provided in paragraph 5 of this Agreement, to the secretary of the organization. Local govemmental units seeking to join the CUC after December 31, 1997, shall be admitted only upon executing and submitting an identical copy of this Agreement to the secretary of the CUC and upon approval of their membership by the CUC joint powers board. 3 Dues Assessments. Funding for the CUC shall be provided by participating member local government units. Each participating member's dues assessment during the first year of existence of the CUC shall be equal to $1,250 plus 0.005% of each member local government unit's 1996 generating machinery market value. For.the first year of existence, each member local government unit shall remit its respective dues to the treasurer of the CUC within 60 days of executing this Agreement or within 60 days after the election of officers as provided in paragraph 3 (f) of this Agreement, whichever is later. For purposes of this Agreement, the first year of existence of the CUC shall end June 30, 1998 and a fiscal.year for the CUC shall thereafter commence July 1 and end June 30 of the following year. After the first year of existence, at the annual meeting as provided in paragraph 3 (f), the joint powers board shall establish dues assessments for member local government units. The treasurer shall thereafter certify to each participating member local government unit its dues assessment by no later than August 1 of each fiscal year. After dues assessments are certified, each member local government unit shall remit its respective dues to the treasurer of the CUC within sixty (60) days of receipt of its dues assessment. Termination. This Agreement shall remain in effect until terminated by action of the CUC joint powers board at a duly qualified meeting. If the joint powers board is terminated, all assets acquired as a result of the joint exercise of powers pursuant to this Agreement remaining after the date of termination and after payment of any outstanding debts or expenses, shall be returned to those member local government units in good standing on the date of termination in proportion to the respective contributions made by the member local government unit. Any individual member local government unit participating in this Agreement may elect to withdraw from participation in the CUC at any time upon adoption of a resolution to that effect submitted to the secretary of the CUC joint powers board. A withdrawing individual local government unit shall not be entitled to the remm of any dues previously paid. v.C. tO. xfilxfiBg~y.. This Agreement is made pursuant to and shall be construed in accordance with the laws of the state of Minnesota. o Severability. In the event that any provision of this Agreement is determined to be invalid, illegal, or unenforceable by any court of competent jurisdiction, or by reason of any existing or subsequently enacted legislation, the other provisions of this Agreement shall remain in full force and effect, and the parties hereto shall negotiate in good faith and agree to such amendments or modifications of or to this Agreement or other appropriate actions as shall, to the maximum extent practicable, in light of such determination, implement and give effect to the intentions of the parties hereto. 4 ~. This Agreement may be amended by the CUC joint powers board from time to time by a 2/3 vote of those board members present at a duly qualified meeting at which the vote is taken. Prior to a meeting at which amendment of this Agreement is proposed, each member lo,al government unit shall be given ten (10) days prior written notice of the meeting and the amendment which is proposed. 10. Captions and Headings. Captions and headings in this Agreement are for ease of reference only and are not intended to alter the terms of'this Agreement. IN WITNESS WHEREOF, the undersigned local government unit, pursuant to an authorizing resolution of its respective governing body, has caused this Agreement consisting of five pages this page included to be signed and delivered on its behalf this day of ,1997. CITY OF BY. Its BY Its. 5 OCT. ~3. 1997 ,....,istant Couflt~ Attorneys; Thomas N. Nancy J. Log~'incJ Thomas ¢. Kalhieen A. Haaney Christopher J. Johnson Dean ~. Emanuel Roslta ~errano Investlgatot: Ga~ E, Poslus~y Victim So.ices Ceerdinato~; Chns Me[and 3:~OPM SHER~URNE COUNTY RTTORNEY Sherburne County Government Center 13850 Highway 70 · Elk River, MN 55330-4601 N0.629 P. 1/3 Z./'~ Z, Walter M. Kaminsky County Attorney (6 ! 2) 241-~565 FaX (612) 247-£$75 1-800-433.$24~ FAX COVER SHE[ET TO: FROM: MESSAGE: Including this cover sheet, the transmission consists of~ receive the complete transmission, contact transmit the missing page(s). _page(s). If you did not so that I may CONFIDENTIALITY NOTICE: THE DOCUMENT(S) THAT ACCOMPANY THIS FAX CONTAIN CONFIDENTIAL INFORMATION THAT IS LEGALLY PRIVILEGED. THE INFORMATION IS INTENDED ONLY FOR THE USE OF THE INTENDED RECIPIENT NAMED ABOVE. IF YOU ARE NOT 1'HE INTENDED RECIPIENT, YOU ARE HEREBY NOTIFIED THAT ANY ACTION IN RELIANCE ON THE CONTENTS OF THIS TELECOPIED INFORMATION, EXCEPT ITS DIRECT DELIVERY TO THE INTENDED RECIPIENT NAMED ABOVE IS STRICTLY PROHIBITED. IFIYOU HAVE RECEIVED .THIS FAX IN ERROR, PLEASE NOTIFY US IMMEDIATELY BY TELEPHONE TO ARRANGE FOR THE RETURN OF THE ORIGINAL DOCUMENTS TO US. NONCOMPLIANCE COULD RESULT IN CRIMINAL OR CIVIL ACTION. THANK YOUI City Council for the City of Elk River Resolution Date: Resolution No.: = -= =~ I~1 II Whereas, Tt~e City of Elk River is host to the United Power plant and this facility contributes both real and personal property taxes to the community, school and county; Whereas, legislation has been introduced which would eliminate the personal property tax on generation facilities and transmission and distribution lines in the state. Elimination of the personal property tax would result in a host of difficulties, namely: a. a detrimental effect on the city's ability to finance essential services not only to the citizens at large but also the power plant itself (i.e., police and fire services), and, b. a detrimental effect on the city's ability to issue bonds due bonding capacity and the adverse effect on the interest rates and bond ratings; and, Whereas, even if an alternative revenue stream would be provided, the effect on the bonds would not be resolved; Now, therefore the City Council for the City of Elk River hereby makes the following: Resolution A. The City Council for the City of Eik River hereby opposes the elimination of personal property taxes on attached machinery and transmission and distribution lines; B. Further that the substitution of an alternative form of revenue in lieu of personal property taxes is an unacceptable alternative given the negative consequences on the bonds. This resolution passed/failed on the~ day of . . ,1997 Attested to: Patrick Klaers City Administrator