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2009-162ORDINANCE NO. zO~'~~Z 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 4198-ELECTRICAL ENERGY TRANSMISSION FEES FOR AMERICAN ELECTRIC POWER IN THE ADDITIONAL AMOUNT OF $25,651.96 FOR A TOTAL AWARD OF $113,933.96 AND FILE 4199-ELECTRICAL ENERGY TRANSMISSION FEES FOR LOWER COLORADO RIVER AUTHORITY (LCRA) IN THE ADDITIONAL AMOUNT OF $148,182.64 FOR A TOTAL AWARD OF $736,682.64. 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 Listed Utility as 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 $736,682.64 to be paid to Lower Colorado River Authority and $113,933.96 to be paid to American Electric Power as shown on Exhibit "A", which is attached hereto and made a part of this ordinance for all purposes, is hereby authorized. SECTION 2. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: h, X)A. 2009. GHS, MAYOR APPROVED AS TO LEGAL FORM: ANITA BURGESS, CITY ATTORNEY BY: 3-0RD-F 4198 and 4199 EXHIBIT "A" Lower Colorado River Authority $73602.64 American Electric Power $1135933.96