CC MEETING: July 9, 2019
DATE: June 28, 2019
TO: Erin Rinehart, City Manager
FROM: Bob Scott, Assistant City Manager
Title
Consider An Ordinance Granting To Oncor Electric Delivery Company LLC, A Franchise To Construct, Extend, Maintain And Operate In, Along, Under And Across The Present And Future Streets, Alleys, Highways, Public Ways And Other Public Property Of Carrollton, Texas An Electric Transmission And Distribution System.
Body
BACKGROUND:
On April 6, 2010, Ordinance 3372 amended the franchise between the City of Carrollton and Oncor Electric Delivery Company, LLC to provide for a different payment schedule and an extension of the term. The currently existing ordinance is scheduled to expire. This ordinance establishes a new term and new payment schedule. The final payment under this franchise is due on or before August 1, 2038 and covers the basis period of April 1, 2038, through June 30, 2038 and the privilege period of May 1, 2038, through July 31, 2038.
STAFF RECOMMENDATION/ACTION DESIRED:
City Council is requested to adopt an ordinance.