2003-369ORDINANCE NO. Ma3-
AN ORDINANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING THE EXPENDITURE
OF FUNDS FOR WIDE AREA NETWORK CHARGES FOR DENTON MUNICIPAL ELECTRIC;
PROVIDING FOR THE EXPENDITURE OF FUNDS AND PROVIDING AN EFFECTIVE DATE
(FILE 3108 TO ELECTRIC RELIABILITY COUNCIL OF TEXAS (ERCOT) IN THE TOTAL
ESTIMATED AMOUNT $54,000).
WHEREAS, in order to comply with the legislative requirements contained in Texas Senate
Bill 7 for the restructuring of electric utility regulation, the City of Denton is required to pay such
fees imposed by the Electric Reliability Council of Texas 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; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. That the expenditure of funds in the estimated amount of $54,000 to be paid
to the Electric Reliability Council of Texas in the estimated amount shown on Exhibit "A", which is
attached to and made a part of this ordinance for all purposes is hereby authorized.
SECTION 2. That this ordinance shall become effective immediately upon its passage and
approval.
PASSED AND APPROVED this the 104 day of 4, Ly ~ , 2003.
za"~ Abd-
EULINE BROCK, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY:
APP VEDA TO LEGAL FORM:
HERBERT L.-PAOUTY, CITY ATTORNEY
BY:
EXHIBIT "A"
Purchase Order 114660 $54,000.00