HomeMy WebLinkAbout2014-088AN ORDINANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING THE EXPENDITURE
OF FUNDS FOR PAYMENTS BY THE CITY OF DENTON FOR ELECTRICAL ENERGY
TRANSMISSION FEES TO THOSE CITIES AND UTILITIES PROVIDING ENERGY
TRANSMISSION SERVICES TO THE CITY OF DENTON; AND PROVIDING AN EFFECTIVE
DATE (FILE 5388-ADDITIONAL ELECTRICAL ENERGY TRANSMISSION FEES FOR
FISCAL YEAR 2013-14 IN THE TOTAL AMOUNT OF $787,855.39).
WHEREAS, in order to comply with the legislative requirements contained in the Utility
Regulatory Act of 1995, for the payment for energy transmission services fees, the City of Denton is
required to pay such fees imposed by the Public Utilities Commission of Texas to the seven 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,
SECTION 1. The expenditure of funds in the amount of $787,855.39 to be paid to the
listed utilities in the specified amount shown on Exhibit "A", which is attached hereto and made a
part of this ordinance for all purposes, is hereby authorized.
SECTION 2. The City Council of the City of Denton, Texas hereby expressly delegates the
authority to take any actions that may be required or permitted to be performed by the City of Denton
under File 5388 to the City Manager of the City of Denton, Texas, or his designee.
SECTION 3. This ordinance shall become effective immediately upon its passage and
approval.
16AIRRI a 1F.A11021 =,"I V
ATTEST:
JENNIFER WALTERS, CITY SECRETARI
BY:
5t day of 2014.
-i��4AR K�A Bf6l R—R '—U G [J"S, MAYOR
F."I a I W."m -am mom &-NMI Smog v Keg wo
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BY•�
Electric Transmission Texas
Sharyland Utilities
Wind Energy Transmission Texas
10114 so I F-IDTFIRM
FIT"IM
$ 317,190.89
$ 273,858.70
$ 196,805.80
Total $ 787,855.39