2008-097ORDINANCE NO. os r~~~~ ~9
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 LOWER COLORADO RIVER AUTHORITY (LCRA) FOR
PROVIDING ENERGY TRANSMISSION SERVICES TO THE CITY OF DENTON; AND
PROVIDING AN EFFECTIVE DATE (FILE 4016-2009 ELECTRICAL ENERGY
TRANSMISSION FEES-LOWER COLORADO RIVER AUTHORITY IN THE TOTAL
AMOUNT OF $651,762).
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 ofDenton 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 $651,762 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 ~p~`c day of , 2008.
l./ ' / ~~~
PERR . McNEILL, MAYOR
ATTEST:
JENNIFER WALTERS,_CITY SECRETARY
BY:
APPRt4`VED ASS TO LEGAL FORM:
EXHIBIT "A"
Lower Colorado River Authority $651,762