Friday, March 2, 2012

DM May Take Franchise Fee Ruling to U.S. Supreme Court

The City of Des Moines may appeal to the U.S. Supreme Court an Iowa Supreme Court decision handed down this morning, ordering the city to refund close to $40-million in franchise fees charged to residents on their electric bills between 2004 and 2009. The Des Moines Register reports the case has been sent back to a Polk County judge to determine how much each customer in the class action suit should be paid and how they'll be compensated.

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