Agenda Item Title:
Authorize Mayor & Finance Officer to sign Electric Cooperative Agreement with West River Electric Association and Black Hills Electric Cooperative for FY2017
Origination Group:
Legal & Finance Committee
Origination Meeting Date:
05/11/2016
City Council Hearing Date:
05/16/2016
Agenda Item Summary:
This request comes annually to lower their gross receipts tax from the maximum of 2%. For 2017, they are requesting that they pay 1%, which is consistent to past years.
Funding Source & Fiscal Impact (if applicable):
Funding | Cost Center |
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Recommendations:
Origination Recommendation Action:
Approve
City Council Recommendation Action:
Approve