Loading...
22-76522-765ORDINANCE NO. AN ORDINANCE OF THE CITY OF DENTON AUTHORIZING THE CITY MANAGER TOEXPEND FUNDS FOR PAYMENT BY DENTON MUNICIPAL ELECTRIC TO THE NORTH AMERICAN ELECTRIC RELIABILITY CORPORATION (NERC) ACTINGTHROUGH THE TEXAS RELIABILITY ENTITY, INC. FOR THE PAYMENT OF FEESAND/OR ASSESSMENTS BY THE TEXAS RELIABILITY ENTITY, INC.; AND PROVIDING AN EFFECTIVE DATE (TEXAS RELIABILITY ENTITY, INC. FEE IN THE TOTAL NOT-TO-EXCEED AMOUNT OF $150,000.00). WHEREAS, Section 215(e)(4) of the Federal Power Act delegated the authority of NERC to the Texas Reliability Entity, Inc. to become the regional entity for the ERCOT region;and WHEREAS, Denton Municipal Electric operates within the ERCOT region and as such is subject to the NERC and Regional Reliability Standards of the Texas Reliability Entity, Inc.;and WHEREAS, the City Manager recommends that the City Council approve and authorize the payment of these required fees and/or assessments as part of the Denton Municipal Electric obligations to NERC and the Texas Reliability Entity, Inc.; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION 1. The recitals contained in the preamble of this ordinance are true and correct and are incorporated into the body of this ordinance as if fully set out herein. SECTION 2. The expenditure of funds in an amount not to exceed $150,000.00 is authorized to be paid to the Texas Reliability Entity, Inc. under the authority delegated by the Federal Power Act for the required fees and/or assessments. This Ordinance also delegates authority to the Denton Municipal Electric General Manager to execute any required documentation in connection with such payment. SECTION 3. This Ordinance shall become effective immediately upon its passage and approval The mQtion to approve this Ordinance was made byWThisseconded by ,L) if by the following vote Ll - LI as mOrdinance was passed and approved Aye Nay Abstain Absent Mayor Gerard Hudspeth: Vicki Byrd, District 1 :Brian Beck. District 2: Jesse Davis. District 3 : Alison IVlaguire, District 4:Deb Armintor, At Large Place 5 : Paul Meltzer, At Large Place 6: ,/ // P’ Br7a PASSED AND APPROVED this the j+k day of 2022 GPN ATTEST: ROSA RIOS, CITY SECRETARY [\\\\Ill BIll +1 n ai\ _£J2pJ APPROVED AS TO LEGAL FORM:MACK REINWAND, CITY ATTORNEY BY: _ \ AIMf cMI\ Digitally signed by Marcella LunnUALm,=BWwb