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HomeMy WebLinkAbout2001-388ORDINANCE NO OX/ � AN ORDINANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING THE EXPENDITURE OF FUNDS FOR THE 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 (PURCHASE ORDERS 100045 TO AA AMERICAN ELECTRIC POWER, 100046 TO LOWER COLORADO RIVER AUTHORITY,100047 TO RELIANT ENERGY,100048 TO TXU ELECTRIC -TRANSMISSION DIVISION , 100049 TO AUSTIN ENERGY,100050 TO BRAZOS ELECTRIC POWER COOP, IN THE TOTAL AMOUNT OF $275,344 50) WHEREAS, in order to comply with the legislative requirements contained in the Public 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 seven 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 That the expenditure of funds in the amount of $275,344 50 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 , 2001 Z.- 14)�Vck_ EULINE BROCK, MAYOR ATTEST JENNIFER WALTERS, TY SECRETARY BY APP VED AS TO LEGAL FORM HERBERT Y, CIT ATTORNEY FREE ORDINANCE PC 100045 100046 100047 100046 100049 100050 EXHIBIT "A" Purchase Order 100048 — TXU Elec — Transmission Div. $1089128.75 Purchase Order 100049 — Austin Energy $ 169783.75 Purchase Order 100050 — Brazos Elec Power Coop Inc. $ 199474.25 Purchase Order 100047 — Reliant Energy HL&P $ 539440.75 Purchase Order 100046 — Lower Colorado River Authority $ 339309.00 Purchase Order 100045 — American Electric Power $ 44,208.00 TOTAL $2759344.50 FEE ORDINANCE PC 100048 100049,100050,100047,100046,100045 2