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HomeMy WebLinkAbout2005-123ORDINANCE 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 3334-ELECTRICAL ENERGY TRANSMISSION FEES IN THE TOTAL AMOUNT OF $1,124,301). 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 ten 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; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. That the expenditure of funds in the amount of $1,124,301 to be paid to the Listed Utilities in the specified amount shown on Exhibit "A", which is attached to and made a part of this ordinance for all purposes is hereby authorized. SECTION 2. That this ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the day of 2005. &,k EULINE BROCK, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: APPROVED AS TO LEGAL FORM: EDWIN M. SNYDER, INTERIM CITY ATTORNEY BY: 6! 3-ORD-FE.E 3334 EXHIBIT "A" American Electric Power $112,738 American Electric Power West Texas Utilities $40,385 City of Austin Electric Utility $43,809 Brazos Electric Power Coop, Inc. $53,290 San Antonio City Public Service $57,540 CNP Energy $189,475 T) U $289,788 Lower Colorado River Authority $268,838 South Texas & Medina Electric Coops $25,117 Texas Municipal Power Agency $43,321 Total $1,124,301