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HomeMy WebLinkAbout02-1959_09-1959 II ~ 1 ~ TO THE CITY COUNCIL: In accurdance with the authority vested in the Public Utilities Board by Section 12:08 (f)• of the Charter of the City of Denton, the Public. Utilities Board submits the following statement: Denton's Municipal Electric Utility has served the community well for 55 years, aid today is one of this city's most valuable assets, providing abundant electric power at reasonable costo. The Municipal Electric Utility is an important industry in Denton, and the investment return `o the people from the operation of the Utility--in accordance with Section 12:03 (b)(1)•• of the City Charter--makes an important contribution to the City and is a mayor factor in maintaining the present low tax rate. On February 24, 1959, the residents of Denton overwhelmingly endorsed the new City Charter which creat.d the Public Utilities Board and otherwise provided for the continued operation and growth of Oenton's municipally owned utilities. Lest January, the voters of Denton approved the $5,200,000 electric revenue bond issue by a margin of over 2 to 1. Plans are well advanced for the expansion of Denton's Municipal Electric Plant under this program. An exhaustive management survey of the Municipal Utility System is planned, as specifically required by the City Charter under Section 12:08 M. Studies of this scope must be carried out in an orderly manner with advance planning, and it is expected that the results of the forthcoming study, made in accordance with the Charter provisions, will produce valuable re recommendations concerning the operation of Denton's municipal utilities. Any proposal for an additional study, other than this, would be inronsistent with the orderly procedures provided by our City Charter, and would require, in our opinion, an unwarranted expenditure of public funds. Full information concerning your Municipal Electric System and the city's other municipal utilities are, of cuuras, available at all times to all Citizens of Denton. The Denton Municipal Utilities have a vital stake in the orderly growth of our community. Hare in Texas, the record of industrial growth of such cities as Austin and San Antonio--and elsewhere over the nation such cities ns Los AnDeles, Coaha, Snattle, Jacksonville (fie.) and Chattanooga (Tenn.)--to name only a few--demonstrates that municipal lectric service is no deterrent to InJuatri9l dowelopm3rit. Although utility sorvices are only one of a large, diverse group of facture influencing the location of new industry, Oenton's municipal utilities stand ready to work with any and all other groups in tha community in promoting the future development of Denton. The Public Utilities Board always is zsceptive to const.ictive ideas and suggestions from any unselfishly motivated group Q Denton. We welcome the interest and participation of all our citizens in the conduct of our Municipal Utilities. With ol: of us working together, we cannot fail to accomplish our goal of making Oenta;i a better city in which to live. page 2 C_tV Council • Section 12:08(f) It shall be the duty of the Board to act in an advisory caprcity to the Council, with authority to hold public hearings and to study and racommefid policies relation to the operation, promotion, enlargement, future planning and such other ma':ters involving City--awned utilities ~s may be referred ti it by the Coun.;il. At intervals, nit ex- ceeding 10 years the Council shall ut the expense of the utilities involved, cause a general management survey to be made of all utilities under the jurisdiction of thi Board by a competent management'consulting or industrial engineering firm, the report and recommendations of which shall be made public; provide:d, that the first such survey shall be made within three yeare of the urfective date of this charter. Section 12:03(b)(1) After all the requirements of the various funds have been met, there shall be computed a return on the net investement in the utility system. The "Ne`t Investment" figure used in these computations shall be Laken from the independent audit of the utility systems for the last fiscal period. The City shall be entitled to receive annually an the not investment from excess revenues, if any, not more than six percent of the net investment. TO THE CITY COUNCIIs In accordunce with the hkithority vested in the Public Utilities Goard by Section 1210E (f)r of the Charter of the City of Denton, the Public Utilities Board submits the following statements Denton's Municipal Electric Utility has served' the community wall for 55 years, and today is one of this city's moat valuable assets, providing abundant electric power at reasonable costs. The Municipal Electric Utility is an important induct;y in Denton, and the investment return to the people from the operation of thu Utility--In accordance with Section 12'03 (b)(1)•• of the City Charter--makes Fin important contribution to the City and is a mayor factor in maintaining the prevent low tax rate. On February 249 1959, the reeidunts of Oentun overwhelmingly andoread the new City Charter wbicn treat d the Public Utilities Board and otherwise provided for the continued opdrutinn anti growth of Uenton's municipally owned utilitieo. Last January, the votire of Denton approvers the $50200#000 electric rt;venue bond issue by a margin of over 2 to 1. Plans ara well advanced for the expansion of Uentonta Funicipal Electric (lent under this program. An exhaustive manegament survey of the Municipal Utilley System is planned, as spo cifieally ra4uirad by thw City Charter under Section l2jO8 (fi. Studies of this scope must be carried out in an orderly manner with advance planning, and it is expected that the results of the fol,theoming study, made in accordance with tha Charter provisions, will produce valuable re recommendations concerning the operation of Denton's municipal utilities. Any proposal for en additional study, other than this, would be inconsistent with the orderly procedures provided by our City Charters and would require, in our opinion, an unwarranted expenditure of public funds. Full information concerning your Municipal Electric System and the city's other municipal utilities are, of coursa, available nt oil times to all citizens of Denton. The Uenton Municipal Utilities hnva t: vital stake in the orderly growth of our community. Hr,re in Texas, the record of industrial growth of such cities an Austin and San Antunio--and elsswhLre over the nation such cities an Los Angeles, Umaha, Seattle, Jacksonville (fla.) and Chattanooga (tenn.)--td name only a fair--demonstrated that municipal electric service is no dotorront to industrial dovulopmqnt. Altho,.,,h utility, oorvican ar• only one of a .lsrgs, diverse group of factors infl.jencing tho location of now induotrys Denton's municipal utilitiee stand ready to work with any and all other groups in the community in promoting the future devslrpment of Denton. The Public Utilities Board always is secsptive to constructive ideas and ouggestions from any unselfishly motivated group in Denton. We welcome the i0arest anti participation of ell jr citizens in the conduct of our Municipal Utilities. With all of s,s working together, we cannot foil to accompl,tsh our goal of making Uanton a better city in which to live. I page 2 City Council Section MOW) It shall be the duty of the Board to act in an advisory capacity to tho Council, with authority to hold public hearings and to study and rncommead policies relation to the operation, promotion, anlargament, future planning; and such other matters involving City--cwned utilities as maV be ratsrred to it by the Council. At intervals, not ex- ceeding 10. years the Council shall at tha expense of the utilities involved, cause a general management survey to be made of all utilities under the jurisdiction of the Board by a competent management eonsultio g or industrial engineering firr;+, the report and recommendations or which shall bu made publicl provid:d, Ghat the first such survey shall be made within three years of the effeet.lve data of this charter. Section 12s03(b)(1) i%ftur all tha requirements of the various funds have been met, thrrs shall be computed a return on the not investbment in the utility systern. The 'Not Investment" figure used in these computations shall be taken from tt;a independent audit of the utility systomo for the last fiscal period. its City shall be entitled to receive annually on the net investment from excebu revenues, if any, not more than six percent of the net investment. C . ~ ~ r~ ~ ~ ~ , t e \ ; ~.1 1.~1 l ~ r ~ ; C `1r ~4 ; ` ~ `~~j ~ t' ~ I i 51 . 1 t rte' 44 _ J t `N ve w.-., Y.=..~y:wr+ywbt'r*.,~, r,.m. ^fi'lw~!^ to .,.y N~°'Tr°~e-r ~}:'..`fit ...-__«.1,...._...,._..... rte.. r. "i' 4:. r • T:i' S TAT'.L OF VXA4 ¢ NOTICE OF LIS PsNM iS COUN N OF DENTON Notice is hereby givan that in the County Court of Denton County, Texas there is pending a certain Proceeding in Eminent Domain, entitled City of Denton vs. Guillelmine Vir,;inia Coston, et al and rr.mbored ,j b , wher,in t-hu City of Denton, Texas is Plaintiff, and GLM1elrrin.3 Virginia Coston, and husband, Aulino Joston are Dafandants; that such proceeding is in minent Domain for thi condemnation of the fee titleto all that certain real ostato situated in Denton County, Texas, known and described as follows; All that curtain tract or parcel of land, situated in the County of Denton, State cf Texas, and being a portion of that certain tract or parcel of land in the F. Puehalski Survey, Abstract No. 996 conveyed by Guillelmine itanady, a widow, to Guillelmine Vir- ginia Coston, by Warranty Deed recordo4 in Volume 337, Page 160 of the Deed Records of Denton County, Texas, and being more particularly described as follows! BEGINNING at a point in tho north line of Wust Hickory Street and the south line of the said Coston tract of land, said boginning point being 75 feet west of the southeast corner of the said tract; THENCE north parallel with and 75 feat west of the east line of said Coston tract 320 feet to a point for earner in the south line of West Odic Street and the north line of the said tract; '.M',NCE west with the south line of West Oak Street 97 feet to a point for corner, sane being the northwest corner of the Coston Tract; THENCE south with the west line ui the said Coston tract 320 feet to a point for a corner, heing the southwest corner of the Caston tract; THENCE east with the north 11.ne of West Hickory Street 97 feet, more or less, to the plao(i of beginning, and containing in all 0.713 acras of land. mare or lean- And that the undersigned Plaintiff is seeking affir,aativo relief in such cause, in that it In seotcing the condemnation of said real estate for street purposes. Witness my hand, this %QdaY of %4r,1ku*t0, A.D. 1959. City of Lenton, Texas, Plaintiff APlaInt~ff y A , J e Subsoril~ed and Sworn to befora mo this 1!a day of .&orz4QM A.D. 1959. o ary i r- Tie n an or Donton County, Texas no State of TeRei Crnnrir'ATr. or RFCni`Di wu`n-ly of U,mon I, T' i tt C 'nay e;..,t 'w and !ter said C4"%## hrte}ly' teltlly (hill iiiYJ il~r !r117 t i ii LRL ld Oe bt1.11tht'lllalilln'aae filet': ice recut tl;r8t1t,1 `3eptember, + 59 Qi4t/ p ki, A u y trxr'e,J ;,e ldth*' ; 1 sePb-Aj i). t:;59 3110. and a r 7,,k..._p. ll, Io Ytra,no A -Ti , 310 •___Y...._.,,.-.. 2;,tr?4 R! a (UitM iY~ "t'l anS.-; IVIWkw tey head attd Bout a otiita at JJrntoii. Te,^ Cie illy 11h1 )e+r lisl rlxl'r wtltflri A I?cpu! Uetk of th , 1 kYt: i f w Y at '-Lntr Wurt, beoton C& 'fete! tt r :1' - 1 - t IF ^r •1 r ~ r, \-.k s r- .'yrr . •q ~r F. ' 1 i7 r.,.i 't{. 7 as : • a '6 rn- rp r ~ 4 'k N! y , , - - " irk l 14 Mt r 'rm 11 y. 01