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2013-305ORDINANCE NO. 2013 -305 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 5388- ELECTRICAL ENERGY TRANSMISSION FEES FOR FISCAL YEAR 2013- 14 IN THE TOTAL AMOUNT OF $2,856,319.94). 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 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. The expenditure of funds in the amount of $2,856,319.94 to be paid to the listed utilities 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. The City Council of the City of Denton, Texas hereby expressly delegates the authority to take any actions that may be required or permitted to be performed by the City of Denton under File 5388 to the City Manager of the City of Denton, Texas, or his designee. SECTION 3. This ordinance shall become effective immediately upon its passage and approval. rztfi PASSED AND APPROVED this the day of , 2013. .' ............................ Y RROUGk MARK A. BU 1 S� �&AYO R ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: *,`e y ..:. APPROVED AS TO LEGAL FORM: ANITA BURGESS, CITY ATTORNEY BY:' 1- &: Y l �, 53 5 � " EXHIBIT "A" Entity Amount Cross Texas Transmission $ 266,151.24 Electric Transmission Texas $ 499,378.62 Lone Star Transmission $ 406,253.77 Lower Colorado River Authority $1,268,545.00 Sharyland Utilities $ 160,091.75 Texas Municipal Power Agency $ 87,324.53 Wind Energy Transmission Texas $ 168,575.03 Total $2,856,319.94