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HomeMy WebLinkAboutOrdinance No. 07/28 Franchise to Oncor Electric and Delivery ORDINANCE NO. 07/28 AN ORDINANCE EXTENDING THE TERM OF ORDINANCE NO. 77/322, AS AMENDED BY ORDINANCE NO. 02/22, OF THE CITY COUNCIL OF UNIVERSITY PARK, GRANTING A FRANCHISE TO ONCOR ELECTRIC DELIVERY COMPANY, A SUCCESSOR IN INTEREST TO TXU ELECTRIC DELIVERY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Oncor Electric Delivery Company, successor in interest to TXU Electric Delivery, (hereinafter called "Company"), is engaged in the business of providing electric utility service within the City of University Park, Texas (hereinafter called "City") and is using the public streets, alleys, grounds and rights-of-ways within the City for that purpose under the terms of a franchise ordinance heretofore duly passed by the governing body of the City, adopted on October 10, 1977 and duly accepted by Company; and WHEREAS, Company reaffirms its agreement to continue to negotiate in good faith with City for development and approval of a new franchise agreement and City and Company desire to extend said Ordinance until a new franchise is adopted, approved and agreed to by Oncor Electric Delivery Company and the City of University Park; Now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF UNIVERSITY PARK, TEXAS: SECTION 1. That the term of Ordinance No. 77/322 as amended by Ordinance No. 02/22 of the City of University Park, Texas is extended until a new franchise is adopted, approved and agreed to by Oncor Electric Delivery Company and the City of University Park. SECTION 2. That this ordinance shall take effect immediately from and after its passage, as the law and Charter in such cases provide. DUL Y PASSED by the City Council of the City of University Park, Texas, on the 7th day of August, 2007. APPROVED fj~ CITY ATTORNEY APPROVED: ATTEST: ~T;Y