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City Council Minutes 01-10-2000 SpecialI~ lJ r Members Present: Roger Carlson, Clint Herbst, Brian Stumpf and Bruce Thielen MINUTES SPECIAL MEETING - 1VIONTICELLO CITY COUNCIL Monday, January 10, 2000 - 6:15 p.m. Members Absent: Roger Belsaas Acting Mayor Clint Herbst called the meeting to order at 6:15 p.m. and declared a quorum present. Tirn Flaherty, lobbyist for the Coalition of LJtility Cities was present and summarized the efforts of the 13 cities that make up the coalition to minimize the impact to the cities if the legislature enacts legislation that would change the tax status for utility companies. Mr. Flaherty explained the impact of deregulation and restructuring of utilities noting that the terms deregulation and restructuring are used interchangeably. The question is whether the utility companies need a tax break and if they do, haw can that tax break be provided with minimum impact to the utility cities. The legislature has set up an utility rate structure committee anal the meeting process has just started. It is their aim to work together to resolve this issue by consensus. Tim Flaherty discussed the proposal that have been submitted and the advantages and disadvantages of each. The Coalition of LJtility Cities' position is that there is no reason to do anything before deregulation takes effect. After deregulation takes place it can be determined whether NSP actually needs the tax break. Roger Carlson asked what is motivating the legislature to look at this issue at this time. Mr. Flaherty felt that because there is currently a budget surplus is one reason the legislature is looking at this issue. There was general discussion on the position of the utility companies, the position of the utility cities and the position of the legislature as it relates to the tax status for utility companies. "1'im Flaherty explained a proposal offered up by the Red Wing Chamber of Commerce which is not supported by the Coalition of LJtility Cities. Under this proposal new plants are exempt from property tax on equipment but the city can place a fee on the utility. This fee is negotiated with the utility company before the site for the new utility plant is selected. The City will be meeting with representatives from NS1' in the near future to further discuss this issue. The special meeting closed at 6:5O p.m. 4J Gl-L.l: ~/.tiJ JULY j r Recording Secretaay