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HomeMy WebLinkAbout1810 06-24-2008ORDINANCE NO. 1810 AN ORDINANCE AMENDING THE EXISTING GAS FRANCHISE ORDINANCE NO. 1544 BETWEEN THE CITY OF EULESS AND ATMOS ENERGY CORPORATION (FORMERLY TXU GAS) TO PROVIDE FOR A DIFFERENT CONSIDERATION; PROVIDING AN EFFECTIVE DATE; PROVIDING FOR ACCEPTANCE BY ATMOS ENERGY CORPORATION; AND FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS ORDINANCE IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, Atmos Energy Corporation ( "Company") is engaged in the business of furnishing and supplying gas to the general public in the City, including the transportation, delivery, sale, and distribution of gas in, out of, and through the City for all purposes, and is using the public streets, alleys, grounds and rights -of -ways within the City for that purpose under the terms of a franchise ordinance duly passed by the governing body of the City and duly accepted by Company or its predecessor in interest; and WHEREAS, the City and Company desire to amend said franchise ordinance to provide for a different consideration. NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS, THAT: SECTION 1 The consideration payable by Company for the rights and privileges granted to Company by the franchise ordinance duly passed by the governing body of this City and accepted by Company or its predecessor in interest is hereby changed to be five percent (5 %) of the Gross Revenues, as defined in the franchise ordinance. SECTION 2 Franchise payments shall be made on the dates prescribed in the existing franchise and shall be for the rights and privileges of the respective period during which the payment is made. SECTION 3 This ordinance shall take effect thirty (30) days from and after its final passage and Company's acceptance. Company shall, within thirty (30) days from the passage of this ordinance, file its written acceptance of this ordinance with the Office of the City Secretary in substantially the following form: To the Honorable Mayor and City Council: Atmos Energy Corporation, acting !bon throug the undersigned authorized officer, hereby accepts in all respects, on this the day of 2008, Ordinance No. =1810 amending the current gas franchise between the City of Euless and Atmos Energy Corporation. Atmos Energy ZL By ---Z zz Vice President, Mid- Tex.Tdivision SECTION 4 In all respects, except as specifically and expressly amended by this ordinance, Ordinance No. 1544 heretofore duly passed by the governing body of the City shall remain in full force and effect until said franchise ordinance terminates as provided herein. SECTION 5 The City shall provide a copy of this Ordinance to Mr. David Park, VP of Rates and Regulatory Affairs, Atmos Energy Corp., 5420 LBJ Freeway, Suite 1800, Dallas, Texas 75240, no later than ten (10) business days after its final passage and approval. SECTION 6 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. PRESENTED AND APPROVED ON FIRST READING at a regular meeting of the Euless City Council on the 13th day of May, 2008, by a vote of 6 ayes, 0 nays, and 0 abstentions. PRESENTED AND APPROVED ON SECOND AND FINAL READING at a regular meeting of the Euless City Council on the 24th day of June, 2008, by a vote of 7 ayes, 0 nays, and 0 abstentions. APPROVED: Mary Li Saleh, Mayor ATTEST: Susan Crim, TRMC, City Secretary Ordinance No. 1810, Page 2 of 2 APPROVED AS TO FORM: Bob McFarland, City Attorney