93-032 ORD AMENDING EXISTING FRANCHISE BETWEEN COP AND TEXAS UTILITIES ELECTRIC COMPANY

Home Browse Search

of the fact that the current franchise between the CITY and TU Electric terminates prior to the expiration of fifteen (15) years from the effective date of said amendment, TU Electric hereby agrees to negotiate in good faith with the CITY for a new tranchise to be effective on or before the termination of the current franchise and to include in said new franchise a provision that will give the CITY the full benefit of the fifteen (15) year period provided for in Section 3 of said amendment. TEXAS UTILITIES ELECTRIC COMPANY By: Presi ent Section 8. It is hereby officially found and determined that the meeting at which this ordinance is passed is open to the public as required by law and that public notice of the time, place and purpose of said meeting was given as required. Section 9. An emergency exists necessitating the suspension of any rule requiring multiple readings of this ordinance and all multiple readings of this ordinance are hereby waived. INTRODUCED AND READ at a regular meeting of the City Council of the City of Paris at the Council Chambers thereof on the 8th day of July, 1993; read at a regular meeting of the City Council of the City of Paris at the Council Chambers thereof on the 12th day of July, 1993; and third and final reading at a regular meeting of the City Council of the City of Paris at the Council Chambers thereot on the 9th day of August, 1993, the last reading being not less that thirty (30) days from the first. FINALLY, passed and adopted by the City Co ncil of the City of Paris, at a regular meeting, this the Vth day of August , 1993. Vorg , Fis er, Mayor ATTEST: ~ Mattie Cunningham, Ci Clerk APPROVED AS 0 FORM: ~ . K. H e, City Attorney