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HomeMy WebLinkAbout2004-069ORDINANCE NO. ��%�' 06 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 LISTED CITIES AND UTILITIES PROVIDING ENERGY TRANSMISSION SERVICES TO THE CITY OF DENTON; AND PROVIDING AN EFFECTIVE DATE (FILE 3150-ELECTRICAL ENERGY TRANSMISSION FEE IN THE TOTAL AMOUNT OF $1,527,831). 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 $1,527,831 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 a�' mi day of , 2004. ATTEST: JENNIFER WALTERS, CITY SECRETARY B . APP VED A TO LEGAL FORM: HERBERT L. BY: G 3-ORD-FQ.E 3150 ATTORNEY EULINE BROCK, MAYOR EXHIBIT "A" American Electric Power American Electric Power American Electric Power West Texas Utilities City of Austin Electric Utility Brazos Electric Power Coop, hic. City Public Service CNP Energy CNP Energy Oncor Transmission Division Oncor Transmission Division Lower Colorado River Authority Lower Colorado River Authority South Texas Electric Coop Inc. Texas Municipal Power Agency Total $156,816 $26,200 (True Up) $56,227 $51,347 $65,953 $57,233 $283,611 $58,095 (True Up) $313,631 $37,849 (True Up) $242,935 $81,431 (True Up) $35,462 61 041 $1,527,831