City Council Resolution 1979-10RESOLUTION OPPOSING A CHANGE IN THE APPORTIONMENT
OF THE VALUATION OF ELECTRIC, GAS DISTRIBUTION,
AND PIPELINE COMPANIES (UTILITY COMPANIES}
WHEREAS, it is proposed to change the apportionment of the
valuation of utility companies; and
WHEREAS, this change would reduce the allocation of the val-
uation of the present Northern States Power Company's plant in
Monticello; and
WHEREAS, the proposed change appears to be an attempt to avoid
the legislative process, sinde gross earnings or other concepts of
changing the valuation to benefit the Metropolitan area and to detract
from outstate communities haven't worked; and
WHEREAS, there will be an increase in taxes payable by NSP
since a greater valuation of utility plants will go to the Metro-
politan communities where the mill rate is higher and be subtracted
from outstate communities where the mill rate is lower; and
WHEREAS, as a result of the shift in valuation from outstate
communities to the D4etropolitan area, the rates NSP will charge and
ultimately be paid by the consumer will be increased; and
WHEREAS, siting new utility plants is already difficult enough
without reducing the benefit to a host community;
NOW, TIiEREFORE, BE IT HEREBY RESOLVED, that the City Council
of Ponticello officially goes on record in opposition to this change
in apportionment of valuation of utility companies.
ADOPTED BY TIIE CITY COUNCIL OF THE CITY OF MONTICELLO THIS
29TH DAY, OF MAY, 1979.
~~~(/
Wi er, City Administrator
(Resolution 1979 #10}