§ 19. Application of Fee.  


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  • The franchise fee shall be applied to all customers' bills in accordance with Iowa Code Chapter 364.2(f) and 423B.5, as amended, and subject to any modifications or the repeal of same. The Company shall not grant exemptions or refunds of the franchise fee beyond that granted by the Code of Iowa applicable at the time of such exemption or refund. If at any time the Iowa Utilities Board or another authority have proper jurisdiction, prohibits the collection or payment of a franchise fee, the Company shall be relieved of its obligation to collect and pay to the City the franchise fee.