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• <br /> r <br /> ORDINANCE NO. 2604-027411111T -1 <br /> AN ORDINANCE GRANTING AN EXTENSION OF THE NATURAL GAS FRANCHISE <br /> Now HELD BY PUGET SOUND ENERGY. <br /> WHEREAS, the City granted Washington Natural Gas, Inc. a Washington corporation, a <br /> franchise to provide natural gas utilities in the City in ordinance no. 390-76 and <br /> WHEREAS,Puget Sound Energy is the successor to Washington Natural Gas,Inc.; and <br /> WHEREAS, the City and Puget Sound Energy are presently negotiating a renewed <br /> franchise consistent with laws regulating such franchises; and <br /> WHEREAS, both the City and Puget Sound Energy desire to continue negotiating but do <br /> not desire to interrupt natural gas service in Everett; <br /> WHEREAS, Puget Sound Energy and the City find it mutually beneficial to extend the <br /> existing franchise for a reasonable period of time in order to promote and facilitate an orderly <br /> franchise renewal process. <br /> NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: <br /> Section 1. Finding. The City finds the franchise extension approved by this <br /> ordinance is in the interest of the public. <br /> Section 2. Franchise Extension. The City hereby extends the term of the current <br /> natural gas franchise held by Puget Sound Energy to and including April 30, 2003. This section <br /> supersedes any contrary provision of Ordinance 390-76. <br /> Section 3. Acceptance. Puget Sound Energy shall provide its written and <br /> acknowledged unconditional acceptance and promise to comply with all provisions, terms and <br /> ORDINANCE-1 <br />