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<br />DRAFT <br />F:ALICE\ORDWORK\CURRENT\TXU-Oncor Extend Franchise Ord <br />August 9, 2004 <br />ORDINANCE NO. __________ <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, PROVIDING THAT ORDINANCE NO. 2001-033, WHICH <br />GRANTED A FRANCHISE FOR ELECTRIC SERVICE TO TEXAS <br />UTILITIES ELECTRIC COMPANY, NOW KNOWN AS ONCOR ELECTRIC <br />DELIVERY COMPANY, BE EXTENDED FOR A PERIOD OF TWELVE (12) <br />MONTHS; PROVIDING FOR CONTINUED COMPENSATION; <br />PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS WITH <br />OTHER ORDINANCES; MAKING OTHER FINDINGS AND PROVISIONS <br />RELATED TO THE SUBJECT; AND PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, <br /> the City of Paris and TXU Electric Company, now known as Oncor Electric <br />Delivery Company, have previously entered into Ordinance No. 2001-033 granting Oncor Electric <br />Delivery Company a franchise to provide electric service within the city limits of the City of Paris; <br />and, <br />WHEREAS, <br /> the aforesaid franchise agreement will expire by its own terms in July of 2004; <br />and, <br />WHEREAS, <br /> as a result of significant changes in the State of Texas regulatory scheme for <br />regulating electric service providers within the State of Texas, franchise provisions currently existing <br />in franchise agreements may no longer be applicable or may require significant revision; and, <br />WHEREAS, <br /> similarly because of the changes in regulations applicable to the transmission <br />and distribution of electric power within the State of Texas, the scheme for remitting compensation <br />to municipalities for the use of their easements and rights-of-ways in providing such electric service <br />is subject to review and possible revision; and, <br />WHEREAS, <br /> as a result of these significant changes, and the accompanying uncertainty with <br />regard to appropriate franchise revisions, the City of Paris and Oncor Electric Delivery Company <br />desire to extend their current franchise for an additional twelve (12) months to enable the respective <br />NOW, THEREFORE, <br />parties to negotiate and discuss revisions for a new franchise agreement; <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <br />