Ordinances-2012-309

MINUTES OF TIFFIN, IOWA, CITY COUNCIL PROCEEDINGS RELATING TO THE ADOPTION OF FRANCHISE ORDINANCE NO. 2012-309 April 11, 2012 The City Council of the City of TIFFIN, JOHNSON County, Iowa, met in regular (special) session on the above date pursuant to the rules of said Council, the Mayor presiding and the Clerk recording: Present: Steven Burner Mayor and the following Council Members: Jim Bartels, Chris Ball, Peggy Upton, Mike Ryan, Travis Wespert Absent: Council Member Bartels offered Ordinance No. 2012-309, of which the following is a copy. ORDINANCE NO. 2012-309 An Ordinance granting to ITC MIDWEST LLC, a wholly owned subsidiary of ITC HOLDINGS CORP., its successors and assigns (the "Company"), the right and franchise to acquire, construct, erect, maintain and operate in the City of TIFFIN, JOHNSON County, Iowa, a transmission system for electric power and the right to erect and maintain the necessary poles, lines, wires, conduits and other appliances for the transmission of electric current along, under and upon the streets, avenues, alleys and public places in the City of TIFFIN, JOHNSON County, Iowa; granting the right to erect and maintain upon the streets, avenues, alleys and public places, transmission lines through the City of TIFFIN, JOHNSON County, Iowa, for the period of twenty-five (25) years; and granting the right of eminent domain. BE IT ORDAINED BY THE City Council of the City of TIFFIN, JOHNSON County, Iowa: Section 1. Grant. There is hereby granted to the Company the right and franchise to acquire, construct, erect, maintain and operate in the City of TIFFIN, JOHNSON County, Iowa, a transmission system for electric power and the right to erect and maintain the necessary poles, lines, wires, conduits and other appliances or equipment and substations for the transmission of electric current (collectively, the "Facilities") along, under and upon the streets, avenues, alleys and public places in the City of TIFFIN, JOHNSON County, Iowa; also the right to erect and maintain upon the streets, avenues, alleys and public places, transmission lines through the City of TIFFIN, JOHNSON County, Iowa, for the period of twenty-five (25) years; also the right of eminent domain as provided in Section 364.2 of the Code of Iowa.