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Public utilities

Ankeny, Iowa Grants 25-Year Electric Franchise to MidAmerican Energy Company

Strategic Insights

— 1 min read

The City of Ankeny, Iowa, has approved an ordinance granting MidAmerican Energy Company a 25-year franchise to operate and maintain an electric system and communications facilities within the city. The agreement covers the acquisition, construction, and operation of the electric system, as well as the provision of electric energy to the city and its inhabitants. The ordinance also outlines the terms and conditions of the franchise, including the payment of franchise fees to the city.

Key Takeaways:

  • The ordinance grants MidAmerican Energy Company a non-exclusive franchise to operate and maintain an electric system and communications facilities in Ankeny, Iowa, for a period of 25 years.
  • The franchise agreement includes provisions for the acquisition, construction, and operation of the electric system, as well as the provision of electric energy to the city and its inhabitants.
  • The ordinance outlines the terms and conditions of the franchise, including the payment of franchise fees to the city.
  • The franchise fees are intended to cover the reasonable, direct, and fully documented costs of the city's right-of-way management, including permit fees and other charges.
  • The ordinance prohibits MidAmerican Energy Company from relocating its facilities within a five-year period for any previously relocated facilities, unless the city gives its prior written approval.
  • The city has the right to collect franchise fees for a period of 25 years, as specified in the ordinance.
  • The franchise agreement includes provisions for the indemnification and hold harmless of the city, as well as the sharing of project information between the city and the company.

Statistics:

  • 25 years: the duration of the electric franchise agreement between the City of Ankeny and MidAmerican Energy Company.
  • $0: the amount of relocation expenses that the company is prohibited from passing on to the city for previous relocations within a five-year period.
  • 22 sections: the number of sections that make up the ordinance granting the franchise to MidAmerican Energy Company.

Sources:

  • ORDINANCE 2207 AN ORDINANCE GRANTING TO MIDAMERICAN ENERGY COMPANY, ITS SUCCESSORS AND ASSIGNS, THE RIGHT AND NON-EXCLUSIVE FRANCHISE, etc. (City of Ankeny, Iowa, n.d.)
  • Docusign Envelope ID: 191FD1ilCe2dA -wACi6th6- 4t4h7e9- 9I8o2w6-a48 7U2Ati7liEtCie5sC BCAommission on May 14, 2025, TF-2025-0025

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