Loading...
HomeMy WebLinkAbout2006-189ORDINANCE NO. AN 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 3538-2006 ELECTRICAL ENERGY TRANSMISSION FEES IN THE TOTAL AMOUNT OF $124,600). 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 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 1. The expenditure of funds in the amount of $124,600 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. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the, 'L day of 12006. Fool, ffid , Ime � 0 M/ .. -MA �. ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: APPRO ED AS O GAL FORM: EDWIN M. SNY IT ATTORNEY BY: 3-ORD-FILE 3538 EXHIBIT "A" Lower Colorado River Authority $ 97,600 Texas Municipal Power Agency $ 27,000 Total $124,600