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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> to notify TU Electric of the method so chosen by the Steering <br /> Committee prior to the submission of an invoice by the <br /> Steering Committee for the payment by TU Electric of said <br /> reimbursable expenses related to said appeal). <br /> Section 5. Notwithstanding the provisions of Section <br /> 3 hereof, in the event that the City of Dallas incurs <br /> cumulative expenses in connection with general rate cases <br /> filed by TU Electric during the next fifteen (15) years in <br /> excess of $4 million and TU Electric reimburses the City of <br /> Dallas such excess, then, in that event, TU Electric will <br /> reimburse you your reasonable expenses actually incurred that <br /> are otherwise reimbursable under Section 24 of the Public <br /> Utility Regulatory Act, Article 1446c, V.A.T.S. (the "PURA"), <br /> limited, however, to an amount calculated in accordance with <br /> the following formula: <br /> A = [(B - $4,000,000) = B] x C, <br /> where: <br /> <br /> A= The amount reimbursable to the City; <br /> <br /> B= The total amount of expenses incurred by the <br /> City of Dallas during the term of TU Electric's <br /> current franchise with the City of Dallas in <br /> connection with general rate cases filed by TU <br /> Electric, which expenses would be reimbursable <br /> under Section 24 of the PURA except for the terms <br /> of said franchise, but excluding all such expenses <br /> incurred in connection with Public Utility <br /> Commission of Texas Dockets Nos. 9300 and 11735; <br /> and <br /> C= The total amount of expenses incurred by you <br /> during the term of TU Electric's current franchise <br /> with the City of llallas in connection with general <br /> rate cases filed by TU Electric, which expenses <br /> would be reimbursable under Section 24 of the PURA <br /> except for the terms of your franchise amendment, <br /> but excluding all such expenses iticurred in <br /> connection with Public Utility Commission of Texas <br /> Dockets Nos. 9300 and 11735. <br /> Section 6. In all respects, expect as specifically <br /> and expressly amended by this ordinance, the said franchise <br /> ordinance heretofore duly passed by the governing body of <br /> this CITY and duly accepted by TU Electric shall remain in <br /> full force and effect according to its terms until said <br /> franchise ordinance terminates as provided therein. <br /> Section 7. This ordinance shall take effect from and <br /> after its final passage and TU Electric's acceptance. TU <br /> Electric shall, within fifteen (15) days from the passage of <br /> this ordinance, file its written acceptance of this ordinance <br /> with the Office of the City Clerk in substantially the <br /> following form: <br /> TO THE HONORABLE NIAYOR AND CITY CUUNCIL: <br /> Texas Utilities Electric Company (TU <br /> Electric), acting by and through the undersigned <br /> authorized officer, hereby accepts, on this the <br /> day of , 1993, Ordinance No. <br /> amending the current franchise between <br /> the CITY and TU Electric. Further, in recognition <br /> <br />