19-111AN ORDINANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING THE
EXPENDITUREOF r FOR PAYMENT
CHARGES IN THE TOTAL AMOUNT OF $4,655,183.48 TO CROSS TEXAS
TRANSMISSION, ($269,987.38), ELECTRIC TRANSMISSION TEXAS, LLC
/ i1), LONE STAR TRANSMISSION,
r
RIVER AUTHORITY ($1,597,852.36), SHARYLAND UTILITIES, LP ($943,784.53), WIND
ENERGY TRANSMISSION TEXAS. LLC $, r.t
r1
WHEREAS, all Distribution Service PrrReliability
of Public._• ]
compensateService Providerstransmission
commonly referred to as Transmission Cost of Service ("TCoS"), after the same have been fil
with • approved by the Public Utility Commissionof -
WHEREAS, the City of Denton, acting under the trade name of Denton Municipal Electric,
is a DSP in ERGOT;
WHEREAS, the City is required to compensate the following TSs for its TCoS as set
forth below:
Cross Texas Transmission, LLC
Electric Transmission Texas, LLC
Lone Star Transmission, LLC
Lower Colorado River Authority
Sharyland Utilities, L
Wind Energy Transmission Texas, LLC
m
•
1,103,574.81
333,779.25
1,597,852.36
943,74.53
406,205.15
WHEREAS, the amounts due to the above TSPs are trued up by the PUCT and may requiri
additional compensation by the City to one or more of the above TSPs; and
WHEREAS, the City Manager has reviewed the above TCoS submitted by the TSs and
recommended that the City Council approve and authorize the payment of the same; NOW,
THEREFORE,
recitationsSECTION 1. The facts, circumstances, and contained in the preambleof
SECTION 2. The total expenditure of funds in the amount of $4,655,183.48 for the City's
obligation as a DSP in ERCOT to following TSPs for its TCoS is authorized and payable as set
forth below:
Name of TSP
Cross Texas Transmission, LLC
Electric Transmission Texas, LLC
Lone Star Transmission, LLC
Lower Colorado River Authority
Sharyland Utilities, LP
Wind Energy Transmission Texas, LLC
Total
Amount
$ 269,987.38
1,103,574.81
333,779.25
1,597,852.36
943,784.53
4.06...2.,05,15.
SECTION 3. That as the above payments are subject to being trued up by the PUCT the
additional expenditure of funds, if required, is authorized. However, this additional expenditure is
specifically limited to each TSP receiving additional payments not to exceed five percent (5%) or
less of the payment set forth in Section 2 above. Payments in excess of this specific limitation will
require further approval by City Council.
SECTION_4. That this ordinance shall become effective immediately upon its passage
and approval.
Y ... ..�.. .�. ........
� ordinance was made b �� .,
The m motion to this
seconded b y or m and was passed and approved by' the following vote
Aye Nay Abstain Absent
Mayor Chris Watts:
Gerard Hudspeth, District 1:
Keely G. Briggs, District 2: 6/
Don Duff, District 3: V
John Ryan, District 4:
Deb Armintor, At Large Place 5: V,
Paul Meltzer, At Large Place 6:
PASSED AND APPROVED this the day of �'^____ __............__....__........____...__� 2019.
�. Y ��.r
..
RIS WA "C ' , MAYOR
ATTEST:
RACHEL WOOD, INTERIM CITY SECRETARY
r
w
APPROVED AS TO LEGAL FORM:
AARON LEAL, CITY A J'TOILl klY
BY: