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2006-116 ORDINANCE NO. 2006 - / / V:> 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 3498-2006 ELECTRICAL ENERGY TRANSMISSION FEES FINAL MATRIX IN THE TOTAL AMOUNT OF $302,370). WHEREAS, in order to comply with the legislative requirements contained in the Utility Regulatory Act of I 995, 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 ten listed utilities 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 I. The expenditure offunds in the amount of$302,370 to be paid to the Listed Utilities in the specified amount shown on Exhibit "A", which is attached hereto and made a part of this ordinance for all purposes, is hereby authol-ized. SECTION 2. This ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the . nel '1lJ J - day of . .{cJ1----- ~A~ EULINE BROCK, MAYOR ,2006. ATTEST: JENNIFER WALTERS, CITY SECRETARY "y~~\~\, ~ ~ APPROVED AS O_LEGALE!~RM: EDWIN M..SNYDER, CITY ATT EY ./ / B : ~J498- EXHIBIT "A" Lower Colorado River Authority Texas Municipal Power Agency Total $268,840 $33,530 $302,370