HomeMy WebLinkAbout2007-023ORDINANCE NO. 20z%'- 6743
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 THE LOWER COLORADO RIVER AUTHORITY (LCRA) AND
TEXAS MUNICIPAL POWER AGENCY (TMPA) FOR PROVIDING ENERGY
TRANSMISSION SERVICES TO THE CITY OF DENTON; AND PROVIDING AN EFFECTIVE
DATE (FILE 3717-2006 ELECTRICAL ENERGY TRANSMISSION FEES -LOWER COLORADO
RIVER AUTHORITY IN THE AMOUNT OF $295,074 AND TEXAS MUNICIPAL POWER
AGENCY IN THE AMOUNT OF $40,245 FOR A TOTAL AWARD OF $335,319).
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 Lower
Colorado River Authority and Texas Municipal Power Agency as 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 $295,074 to be paid to the Lower
Colorado River Authority and $40,245 paid to the Texas Municipal Power Agency, 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 day of hlr-, l2007.
PERR . McNEILL, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY:
APPR VED J TO LEGAL FORM:
EDWIN M. SNYDER, CITY ATTORNEY
BY:�����
2-0R0. ' 3717
EXHIBIT "A"
Lower Colorado River Authority $295 074
Texas Municipal Power Agency $ 40,245
Total $335,319