HomeMy WebLinkAbout2004-354ORDINANCE NO. &, I, j4
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 3257-ELECTRICAL ENERGY TRANSMISSION FEES IN THE TOTAL AMOUNT
OF $613,819).
WHEREAS, in order to comply with the legislative requirements contained in the Utility
RegulatoryAct of 1995, for the payment for energy transmission services fees, the CityofDenton is
required to pay such fees imposed by the Public Utilities Commission of Texas to six 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 $613,819 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 �(1� day of , 2004.
EULINE BROCK, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY. I'l I fi,
AP OVED AS TO LEGAL FORM:
HERBERT L. PROUTY, CITY *ftRNEY
I "I
3-ORD-FILE 3257
EXHIBIT "A"
American Electric Power
$53,450
American Electric Power
$17,817 (True Up)
Brazos Electric Power Coop, Inc.
$24,548
Brazos Electric Power Coop, Inc.
$ 8,183 (True Up)
Center Point Energy
$82,966
City Public Service
$24,368
City Public Service
$16,245 (True Up)
TXU Electric Delivery
$130,360
TXU Electric Delivery
$43,453 (True Up)
Lower Colorado River Authority
$113,841
Lower Colorado River Authority
$98,588 (True Up)
Total
$613,819