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OR 2007-1155 TXU Electric Delivery AN ORDINANCE OF THE CITY OF COPPELL ORDINANCE NO. 2007-1155 AN ORDINANCE OF THE CITY OF COPPELL, TEXAS, AMENDING ORDINANCE NO. 90493, AS AMENDED IN PART BY ORDINANCE NO. 93602 AND 2002-1013, AMENDING THE EXISTING FRANCHISE ORDINANCE BY AND BETWEEN THE CITY OF COPPELL AND TXU ELECTRIC DELIVERY COMPANY, A TEXAS CORPORATION, ITS SUCCESSORS AND ASSIGNS, TO PROVIDE FOR AN AMENDED PAYMENT SCHEDULE; PROVIDING AN EXTENSION OF THE FRANCHISE TERM; PROVIDING FOR TXU ELECTRIC DELIVERY COMPANY’S ACCEPTANCE; PROVIDING A REPEALING CLAUSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A SAVINGS CLAUSE. WHEREAS , TXU Electric Delivery Company (“Company”), successor in interest to Oncor Electric Delivery Company and Texas Utilities Electric Company, is engaged in the business of providing electric utility service within the City of Coppell, Texas (“City”) and is using the public rights-of-ways within the City for that purpose under the terms of a franchise ordinance heretofore duly passed by the governing body of the City and duly accepted by Company; and WHEREAS, pursuant to a Letter Agreement to Resolve Outstanding Franchise Issues, dated May 18, 2006, the City has requested and Company has agreed to amend said franchise ordinance to provide for a different payment schedule and an extension of the term; and WHEREAS, the City Council has determined that the Franchise enacted by Ordinance No. 90493, as amended by Ordinance No. 93602 and Ordinance No. 2002- 1013, be amended to provide for an amended payment scheduled and an extension of the term as provided herein. NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF COPPELL, TEXAS, THAT: SECTION 1. That the franchise by and between the City of Coppell and TXU Electric Delivery company, successors in interest to Texas Utilities Company and Oncor Electric Delivery Company, is hereby amended by amending Section 8 of Ordinance No. 90493, as amended, which shall read as follows: Page 1 TM 14849.2.00 “ SECTION 8. FRANCHISE FEE AA final payment was made on or before May 15, 2006, based on each kilowatt hour of electricity delivered by Company during the preceding twelve (12)-month period ending March 31, 2006, to each retail customer whose consuming facility’s point of delivery is located within the City’s municipal boundaries. This payment was for the rights and privileges granted under the franchise for the twelve (12)-month period June 1, 2006 through May 31, 2007. Effective August 15, 2006 the annual prospective payment schedule is hereby changed to a quarterly prospective schedule as follows: Payment Due Date Base Period Privilege Period (Following Year) August 15 Apr. 1-June 1 June 1-Aug. 31 November 15 July 1-Sept. 30 Sept. 1-Nov. 30 February 15 Oct. 1-Dec. 31 Dec. 1-Feb. 28 (29) May 15 Jan. 1-Mar. 31 Mar. 1-May 31 The first quarterly payment will be due and payable on or before August 15, 2006, based on the period beginning April 1, 2006 and ending June 30, 2006 for the rights and privileges granted under the franchise during the period beginning June 1, 2007 and ending August 31, 2007. If this franchise amendment is not effective prior to the first quarterly payment date, Company will pay any quarterly payments due within 30 days of the effective date of this amendment. Subsequent payments will be made on a quarterly basis as provided in the above schedule. The final payment under this Franchise will be made on or before August 15, 2014, for the rights and privileges beginning June 1, 2015 and ending August 31, 2015. After the final payment date of August 15, 2014, Company may continue to make additional quarterly payments in accordance with the above schedule. City acknowledges that such continued payments will correspond to privilege periods that extend beyond the term of this franchise and that such continued payments will be recognized in any subsequent franchise agreement as full payment for the relevant quarterly periods; and” SECTION 2. That Section 1A of Ordinance No. 90493 is hereby amended by extending the term of the franchise from October 1, 2010 to August 31, 2015, as follows: Page 2 TM 14849.2.00 "SECTION 1. THE FRANCHISE A. That there is hereby granted to TXU Electric Delivery company, successors in interest to Texas Utilities Company and Oncor Electric Delivery Company, its successors and assigns, the right, privilege and franchise until August 31, 2015 ....." SECTION 3. That Ordinance Number 90493, as amended by Ordinance No. 93602 and Ordinance No. 2002-1013, shall remain in full force and effect, save and except as amended by this ordinance. SECTION 4. That all provisions of the Ordinances of the City ofCoppell, Texas, in conflict with the provisions of this ordinance be, and the same are hereby, repealed, and all other provisions of the Ordinances of the City not in conflict with the provisions ofthis ordinance shall remain in full force and effect. SECTION 5. That should any word, sentence, paragraph, subdivision, clause, phrase or section of this ordinance, or of the Code of Ordinances, as amended hereby, be adjudged or held to be void or unconstitutional, the same shall not affect the validity of the remaining portions of said ordinance or the Code of Ordinances, as amended hereby, which shall remain in full force and effect. SECTION 6. That this ordinance shall take effect immediately from and after its passage as the law and charter in such cases provide. DULY PASSED by the City Council of the City of Coppell, Texas, this the Z7'1f- day of~ Il../uAff ,2007 Page 3 TM 14849.2.00 ATTEST: ROBERT E. HAGER, CITY (REWcdb 11/09/06) Page 4 TM 14849.2.00