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23-769ORDINANCE NO. 23-769 AN ORDINANCE OF THE CITY OF DENTON, A TEXAS HOME-RULE MUNICIPAL CORPORATION, AUTHORIZING THE CITY MANAGER TO EXECUTE A POWERPURCHASE AGREEMENT BETWEEN THE CITY AND TT OF DENTON, INC., (TOYOTAOF DENTON) A TEXAS CORPORATION; PROVIDING FOR THE EXPENDITURE OF FUNDS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City owns and operated an electric utility which provides electric energyand related services to all customers within Denton Municipal Electric’s (“DME”) Public Utilities Commission of Texas (“PUCT”) certificated jurisdiction; and WHEREAS, the City of Denton desires to permit electric customers having electric generation facilities located within the City limits of Denton, Texas to offset a part of their electrical requirements by utilization of customer’s electric power generation facilities; and WHEREAS, Customer desires to interconnect the electric generating facilities to the City’s Electric Utility System; and WHEREAS, Customer has completed and submitted the Application for Interconnection and Parallel Operation of Distributed Generation with the City; and WHEREAS, both the City and Customer have agreed to terms and conditions set forth in a power purchase agreement (“PPA”) and desire to enter the PPA for the Installation of Distributed Generation; and WHEREAS, the City Council finds that it is in the interest of the public and Customer that a copy of the PPA, redacted of Competitive Information, be made available to the public; NOW,THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. That the City Council approves and authorizes the City Manager, or their designee, and City Secretary, or their designee, to execute, attest, and deliver, respectively, thePPA, referenced herein, with TT of Denton, Inc. SECTION 2. The findings in the preamble of this ordnance are incorporated herein by reference. SECTION 3. Immediately following the execution, attestation, and delivery of the PPA, the City Secretary is directed to seal and maintain the PPA in their custody and control, as documents excepted from public disclosure under the provisions of Texas Government Code, Section 552.133 unless otherwise lawfully ordered to disclose said documents. SECTION 4. A copy of the PPA, redacted of Competitive Information, attached Exhibit ' A’, shall be available to the public for inspection and copying. Absent lawful order, the original PPA shall not be available for public inspection or copying and will be sealed as provided for in the preceding section. SECTION 5. The expenditure of funds as provided for in this ordinance is authorized. SECTION 6. This ordinance shall become effective immediately upon its passage and approval. The motion to approve this ordinance was made by Jb and seconded by Jesse ' b, a,I , the ordinance was passed and approved by the following vote II - 6 ]: Aye / .// V/ \/ Nay Abstain Absent Gerard Hudspeth, Mayor: Vicki Byrd, District 1 : Brian Beck, District 2: Jesse Davis, District 3 : Vacant, District 4: Brandon Chase McGee, At LargePlace 5 : Chris Watts, At Large Place 6: PASSED AN APPROVED this the L/ day of h 2023 Ms ATTEST: JESUS SALAZW JM Cl SECRETARY APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY Digitally signed by Marcella Lunn DN: cn=Marcella Lunn, o, ou=City BY, _ VNXkcLa Bt:eT;i;3.04.12 09:45:1 1 -os'oo' AIt El b \) of Denton, _ email=marcella.lunn@cityofdentoJ