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DRAFT <br />F:ALICE\ORDWORK\CURRENT\TXU-Oncor Extend Franchise Ord <br />June 3, 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 <br />ELECTRIC DELIVERY COMPANY, BE EXTENDED FOR A PERIOD OF <br />TWELVE (12) MONTHS; PROVIDING FOR CONTINUED <br />COMPENSATION; PROVIDING FOR SEVERABILITY; PROVIDING FOR <br />CONFLICTS WITH OTHER ORDINANCES; MAKING OTHER FINDINGS <br />AND PROVISIONS RELATED TO THE SUBJECT; AND PROVIDING AN <br />EFFECTIVE DATE. <br />WHEREAS, 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 <br />Paris; and, <br />WHEREAS, the aforesaid franchise agreement will expire by its own terms in July of <br />2004; and, <br />WHEREAS, 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 <br />existing in franchise agreements may no longer be applicable or may require significant revision; <br />and, <br />WHEREAS, 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 <br />compensation to municipalities for the use of their easements and rights-of-ways in providing such <br />electric service is subject to review and possible revision; and, <br />WHEREAS, as a result of these significant changes, and the accompanying uncertainty <br />with regard to appropriate franchise revisions, the City of Paris and Oncor Electric Delivery <br />Company desire to extend their current franchise for an additional twelve (12) months to enable <br />the respective parties to negotiate and discuss revisions for a new franchise agreement; NOW, <br />THEREFORE, <br />BE IT ORDAINED BY THE CITY COLTNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br />