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HomeMy WebLinkAbout1998-405ORDINANCE NO f- AN ORDINANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING THE EXPENDITURE OF FUNDS FOR THE PAYMENTS BY THE CITY OF DENTON FOR ELECTRICAL ENERGY TRANSMISSION FEES TO THOSE UTILITIES PROVIDING ENERGY TRANSMISSION SERVICES TO THE CITY OF DENTON, AND PROVIDING AN EFFECTIVE DATE (PURCHASE ORDERS 91019 TO CENTRAL POWER AND LIGHT, PURCHASE ORDER 91020 TO TEXAS UTILITIES ELECTRIC AND PURCHASE ORDER 91021 TO HOUSTON LIGHTING & POWER IN THE TOTAL AMOUNT OF $405,003 75) WHEREAS, in order to comply with the legislative requirements contained in the Public Utility Regulatory Act of 1995, for the payment for energy transmissions services fees, the City of Denton is required to pay such fees imposed by the Public Utilities Commission of Texas to the three listed utilities set forth in Exhibit "A" and WHEREAS, the City Manager has reviewed and recommended that the City Council approve and authorize the payment of such fees, NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I That the expenditure of funds in the amount of $405,003 75 to be paid to the Listed Utilities in the specified amount shown on Exhibit "A", which is attached to and made a part of this ordinance for all purposes, is hereby authorized SECTION II. That this ordinance shall become effective immediately upon its passage and approval 'PASSED AND APPROVED this the � day of &&—&998 JACK ER, MAYOR ATTEST JENNIFER WALTERS, In TY SECRETARY 1,1L4Ylh/ BY 1— / ��Lf� APPROVED AS TO LEGAL FORM HERBERT L PROUTY, CITY ATTORNEY BY La � �f FEE 0 IN NCE PC91019,91020 91021 EXHIBIT "A" Purchase Order 91019 — Central Power & Light Co $ 42,224 75 Purchase Order 91020 — Texas Utilities Electric Co $232,465 75 Purchase Order 91021 — Houston Lighting & Power $130,313