HomeMy WebLinkAboutOrdinance 10508
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ORDINANCE N O
AN ORDINANCE INCREASING APPROPRIATIONS IN THE GENERAL FUND 01,NON-DEPARTMENTAL ACCOUNT NO
90-55-00, CONSULTANT FEES DIVISION, OF THE CITY OF FORT WORTH BY THE SUM OF $45,000, AND
DECREASING THE UNRESERVED, UNDESIGNATED FUND BALANCE OF THE GENERAL FUND 01 BY THE SAME
AMOUNT FOR THE PURPOSE OF PAYING THE CITY'S SHARE OF THE RATE CASE EXPENSES RELATED TO THE
STEERING COMMITTEE OF TU ELECTRIC SERVICE AREA CITIES, PROVIDING FOR A SEVERABILITY CLAUSE,
MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES AND REPEALING ALL PRIOR ORDINANCES IN
CONFLICT HEREWITH, PROVIDING FOR ENGROSSMENT AND ENROLLMENT, AND PROVIDING AN EFFECTIVE DATE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS
SECTION 1
That in addition to those amounts allocated to the various City departments for the Fiscal Year
1989-90 and in the Budget of the City Manager, there shall also be increased appropriations in the
General Fund 01, Non-Departmental Account No 90-55-00, Consultant Fees Division, in the amount
of $45,000, thereby decreasing the unreserved, undesignated fund balance of the General Fund 01, by
the same amount for the purpose of paying the City's share of the rate case expenses related to the
Steering Committee of TU Electric Service Area Cities.
SECTION 2.
Should any portion, section or part of a section of this ordinance be declared invalid, inoperative
or void for any reason by a court of competent jurisdiction, such decision, opinion or judgement shall
in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said
remaining provisions shall be and remain in full force and effect.
SECTION 3
That this ordinance shall be cumulative of Ordinance No 10363 and all other ordinances and
appropriations amending the same except in those instances where the provisions of this ordinance are
in direct conflict with such other ordinances and appropriations, in which instance said conflicting
provisions of said prior ordinances and appropriations are hereby expressly repealed.
SECTION 4
The City Secretary of the City of Fort Worth is hereby directed to engross and enroll this
ordinance by copying the caption and effective date into the minutes of the City Council and by filing this
ordinance in the ordinance records of the City of Fort Worth.
SECTION 5
This ordinance shall take effect and be in full force and effect from and after the date of its
passage, and it is so ordained.
APPROVED AS TO FORM ND LEGALITY
- ----------------------------------
City Attorney
Date ~ r ?' b ~~ v
Adopted ~v
Effective / . D ~ _
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MAS tER FILE 1 ./ V 11 ~.~W lLJ/ ® U ~1.W ~~LIV ~®~L1L U IL~ (LlV ~/® U 1! (V I/ 11 l4i ll/lV~ (L~`LiW tti ~LLi' U ~V
ACCOU ~/
DATE REFERENCE SUBJECT Participation In Steering Com- PACE
3RANS DRfAt10N'PUBLIC WOR (S4V'd1MBER ml ttee t0 Study TU f l ectri c Rate Cases 2
1-30-90 G-8449 and Suspension of Proposed Rates for -__
N a YER ..'9 RA?ioEd E - ---
CITY M NAGER•1
Recommendation.
IMANAG MENT 5
u-w~i It is recommended that the City Council take the following
L 1~~,~ a c t i o n
1 Adopt the attached Resolution which•
a. Authorizes the City to become a member of and par-
ticipate in the Steering Committee of TU Electric
.Service Area Cities;
__ _- b: - Authorizes the Steering Committee to retain legal
-~" counsel and rate consultants, and intervene on the
~~ City's behalf in PUC Docket Nos.. 9220, 9300 and
related TU Electric rate case dockets,
c. Suspends operation of the proposed TU Electric rates
and tariffs for a period not to exceed 90 days beyond
the date when the rates and tariffs would go into
effect, i.e. until midnight, May 21, 1990, and
d. Authorizes the City Manager to pay to the Steering
Committee the sum of $45,000, as Fort Worth's share of
the rate case expenses.
2 Adopt the attached supplemental appropriations ordinance
increasing appropriations in General Fund Ol, Non-
departmental Account No. 90-55-00 by 545,000 and decreasing
the unreserved, undesignated fund balance of the General
Fund O1 by a like amount.
Background
Texas Utilities Electric Company has filed with the City of Fort
Worth, other cities and the Texas Public Utilities Commission
(PUC Docket 9300) for an increase in rates. Such new rates have
a proposed effective date of February 20, 1990.
TUEC~x has;~uri~der construction a two unit nuclear plant project
known ~'as"~ ;t`h"ek Commanche Peak Nuclear Generating System The
ro °ect~~`$ cost"" is estimated to be a
p 7 pproximately $10 billion
TUEC's recent filing seeks a rate increase of approximately
$443,,-.000,,,000`, per year This request reflects only the cost of
the first unit of Commanche Peak
.,.,..~~-''•F ~, .y~~
DATE REFERENCE
NUMBER SUBJECT participation in Steering Com- PAGE
1-30-90 G-8449 mittee to Study TU Electric Rate Cases 2
2
ion of Pr~nocPd Rates 0,_
--~
~' .t
In addition, the Office of Public Utility Counsel has filed with
the PUC a related petition inquiring into the prudence of TUEC's
Commanche Peak project.
The City is a regulatory authority with a statutory duty to
participate in such proceedings Its citizens will be
substantially affected by the rates established as a result of
the proceedings. The economic development potential and
competitiveness of the electric service area will also be
profoundly affected by the rates established.
The Steering Committee of TU Electric Service area cities was
formed to facilitate and coordinate the participation of cities
in the TUEC service area in those rate proceedings. The Steering
Committee consists of approximately 40 cities which have elected
an Executive Committee of representative cities (Midland, Fort
Worth, Waco, Dallas, Grand Prairie, Irving, Denison/Sherman,
Plano and Arlington). The Steering Committee proposes to study
the nature of the rate cases, participate in all TUEC rate case
dockets, and retain legal counsel and rate consultants Each
city participating in the Steering Committee will pay a one-time
advance of ten cents per capita based on the latest TML
population for the city as its share of the rate case expenses
Fort Worth's per capita participation would be $45,000
Reimbursement for such expenses will be sought from TUEC pursuant
to the Texas Public Utility Regulatory Act.
It is recommended that Fort Worth participate in the Steering
Committee To allow the City and the Committee sufficient time
to analyze and prepare for hearing and decision on the requested
rates, it is further recommended that City Council suspend opera-
tion of the proposed rates and tariffs until midnight May 21,
1990.
Financing
Upon adoption of the attached supplemental appropriations
ordinance, sufficient funds will be available in General Fund O1,
Non-departmental Account No 90-55-00 for these expenditures
The unreserved, undesignated fund balance in the General Fund Ol
will be 528,342,917 after this action.
APPROVED BY
CITY COUNCIL
J AN 44 1990
SUBMITTED FOR THE
OIFFICEABY GER'S Wade Adkins 7623 tt
DISPOSITION BY COUNCIL.
^ APPROVED PROCESSED BY
ORIGINATING ^ OTHER (D F~$ )
DEPARTMENT HEAD Adop ed Resolution No,~
11i~ $9C[Ot
ly~jl'})~ff~CRETARY
FOR ADDITIONAL INFORMATION Adopt
CONTACT Wade Adkins 7623 yd Qrdinande NO Citg of £rr WatSit, T.xw
DATE