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2008-096ORDINANCE NO. MOOS- O~~o AN ORDINANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING THE EXPENDITURE OF FUNDS FOR PAYMENTS BY THE CITY OF DENTON FOR ELECTRICAL ENERGY TRANSMTSSION FEES TO AMERICAN ELECTRIC POWER (AEP) FOR PROVIDING ENERGY TRANSMISSION SERVICES TO THE CITY OF DENTON; AND PROVIDING AN EFFECTNE DATE (FILE 4015-2009 ELECTRICAL ENERGY TRANSMISSION FEES- AMERICAN ELECTRIC POWER IN THE TOTAL AMOUNT OF $105,911). 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 ofTexas to the listed utility 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 $105,911 to be paid to the Listed Utility 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. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the day of__ t%'z/GI'~i+ , 2008. PERR R. McNEILL, MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: APPROVED AS LEGAL FORM: EDV BY: 3-0RC EXHIBIT "A" American Electric Power $105,911