2008-287ORDINANCE NO.
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 4199-ELECTRICAL ENERGY TRANSMISSION FEES FOR LOWER COLORADO
RIVER AUTHORITY IN THE AMOUNT OF $588,500).
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 $588,500 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.
'~ejc
, 2008.
PASSED AND APPROVED this the ~Id day of
d5ILI 2"~~
MARK A. BURROUGH AYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
B
APP VEDA O LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
BY:
3-0RD-FI 199
EXHIBIT "A"
Lower Colorado River Authority $588,500