HomeMy WebLinkAbout1983-123AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS,
"CITY" RELATING TO THE TERMINATION OF THE EXISTING GAS FUEL
CONTRACTS UNDER THE TERMS OF WHICH THE CITY PURCHASES GAS FOR
ITS GENERATING PLANTS AND AUTHORIZING EXECUTION OF A NEW GAS
FUEL CONTRACT AND A GAS TRANSFER AGREEMENT AND DECLARING AN
EMERGENCY
WHEREAS, the City purchases gas to fuel its generating plants
from Lone Star Gas Company ("Lone Star") under a contract dated
November 7, 1977, and amendments thereto, and
WHEREAS, in order to secure a longer term and more flexible
gas supply contract it is in the best interest of the City to
terminate its existing contract with Lone Star Gas Company and
to enter a new gas purchase agreement with Lone Star Gas Company,
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF DENTON, TEXAS
SECTION I
That all of the recitals and preambles hereinabove stated
are found to be true and correct
SECTION II
That the attached agreement between the City of Denton and
Lone Star Gas Company styled "Gas Sales Contract" be and is
hereby approved and the Mayor of the City of Denton be and is
hereby authorized to execute multiple original copies of said
agreement in substantially the attached form and deliver the
same to the parties thereto, for, on behalf of and in the name
of the City, as the act and deed of the City and its governing
body
SECTION III
That it is officially found and determined that this meeting
of the City Council is open to the public as required by law and
the public notice of the time, place and purpose of said meeting
was given as required by law
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SECTION IV
That the public importance of this measure and the fact that
it is to the beat interest of the City to approve the afore-
mentioned agreements and the execution thereof at the earliest
possible time in order to secure a longer term and more flexible
supply of gas, constitutes and creates an emergency and urgent
public necessity requiring that this ordinance take effect and
be in full force from and after its passage, and it is so
ordained
PASSED AND APPROVED by the City Council of the City of
Ylk-
Denton, Texas, this the 0/)WA day of La Oat .1 1983
ATTEST
CHARLOTTE ALLEN, CITY SECRETARY
CITY OF DENTON, TEXAS
APPROVED AS TO LEGAL FORM:
C J TAYLOR, JR , CITY ATTORNEY
CITY OF DENTON, TEXAS
BY
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