2001-033-ORD GRANTING TXU ELECTRIC COMPANY AN ELECTRIC LIGHT, HEAT AND POWER FRANCHISE

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Payment Due Date Quarter Upon Which Pavrnent Is Based Quarter For Which Pavrnent Is Made 10/1/200 I 6/1/2001 - 8/31/2001 6/1/2001 - 8/31/2001 1/1/2002 9/3012001 - 11/30/2001 9/30/2001 - 11/30/2001 2/1/2002 12/1/2001 - 12/31/2001 12/1/2001 - 12/31/2001 Each such payment shall be accompanied with a report showing the gross receipts as aforesaid for the said three-month period upon which payment is based. (2) Beginning on January 1,2002, a charge, as authorized by Section 33.008(b) of PURA, based on each kilowatt hour of electricity delivered by Company to each retail customer whose consuming facility's point of delivery is located within the City's municipal boundaries. The charge imposed shall be equal to the total electric franchise fee revenue due the City from Company for calendar year 1998 divided by the total kilowatt hours delivered during 1998 by Company to retail customers whose consuming facilities' points of delivery were located within the City's boundaries. The franchise fee that Company shall pay to the City shall be equal to the charge per kilowatt hour determined for 1998 multiplied times the number of kilowatt hours delivered by Company within the City's boundaries during the applicable period as set forth herein for the rights and privileges granted hereunder for the periods designated. The first payment hereunder shall be due and payable on or before May 1, 2002 for the rights and privileges granted hereunder during the three-month period ended March 31,2002. Subsequent payments shall be due and payable quarterly thereafter on or before the first day of the second month following the end ofthe three-month period upon which said payment is based and shall be payment for the rights and privileges granted hereunder for the said three-month period, that the quarterly payments shall be as follows: Payment Quarter Upon Which Quarter For Which Due Date Pavrnent Is Based Pavrnent Is Made May I January 1 - March 31 January 1 - March 31 August 1 April 1 - June 30 April 1 - June 30 November I July I - September 30 July 1 - September 30 February 1 October I - December 31 October 1 - December 31 (b) Notwithstanding anything to the contrary in Section 17(a) hereof, if the Company files general rate cases and the City incurs cumulative expenses, otherwise reimbursable by the Company under Section 33.023 ofPURA, as amended, or a similar or successor law, in excess of$4 million, then, in such event, the Company shall reimburse all of the expenses incurred by the City in connection with all general rate cases filed during the period beginning June I, 1993, and ending September 30, 2008, in excess of said $4 million. The term "general rate case" as used in this Ordinance means a rate case initiated by the Company in which it seeks to increase its rates charged 9