From
Gina Alley
Title
Second reading and adoption of an ordinance granting (renewing) a 20 year non-exclusive electric Franchise to Oncor Electric Delivery Company, L.L.C.
Presenter
Gina Alley, Senior Assistant to the City Manager
Recommended Action
Approve
Analysis
Oncor Electric Delivery Company, L.L.C.,(Oncor) or its predecessor Texas Utilities Electric Company (TXU) has long held a franchise for the use of city rights-of-way to provide general electric service in the City of Grand Prairie. Ordinance 5034 passed in October,1992 extended the then existing franchise conditions to December 31, 2012. Ordinance 5129, passed August 6, 1993, increased the franchise fee paid by Oncor from 3% to 4% of defined gross revenues. Ordinance 7426 passed in July 2006 extended the then existing franchise to December 31, 2017. Oncor has now requested a franchise through December 31, 2037. The award of a Franchise is required by Charter to be presented twice before final action and therefore was presented on the Council's November 21 Agenda also.
Financial Consideration
The Oncor Franchise produces over $6,000,000 annually in revenues paid to the city.
Body
AN ORDINANCE OF THE CITY OF GRAND PRAIRIE, TEXAS, GRANTING TO ONCOR ELECTRIC DELIVERY COMPANY LLC, ITS SUCCESSORS AND ASSIGNS, AN ELECTRIC POWER FRANCHISE TO USE THE PRESENT AND FUTURE STREETS, ALLEYS, HIGHWAYS, PUBLIC UTILITY EASEMENTS, PUBLIC WAYS AND PUBLIC PROPERTY OF THE CITY OF GRAND PRAIRIE, TEXAS, PROVIDING FOR COMPENSATION THEREFOR, PROVIDING FOR AN EFFECTIVE DATE AND A TERM OF SAID FRANCHISE, PROVIDING FOR WRITTEN ACCEPTANCE OF THIS FRANCHISE, PROVIDING FOR THE REPEAL OF ALL EXISTING FRANCHISE ORDINANCES TO ONCOR ELECTRIC DELIVERY COMPANY LLC, ITS PREDECESSORS AND ASSIGNS, AND FINDING THAT THE MEETING AT WHICH THIS ORDINANCE IS PASSED IS OPEN TO THE PUBLIC
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS:
SECTION 1. GRANT OF AUTHORITY: That there is hereby granted to Onco...
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