Adopted March 23, 1992
Expires December 1, 2022
AN ORDINANCE GRANTING TO CENTRAL POWER AND LIGHT COMPANY, ITS SUCCESSORS AND ASSIGNS
A FRANCHISE FOR THE PURPOSE OF OPERATING ITS ELECTRICAL FACILITIES, IN, ALONG, AND
ACROSS ALL PUBLIC STREETS, AVENUES, ALLEYS, AND BRIDGES IN SAID CITY; PRESCRIBING
THE ANNUAL COMPENSATION DUE THE CITY UNDER THIS ORDINANCE; PRESCRIBING THE CONDITIONS
GOVERNING THE USE OF PUBLIC RIGHTS-OF-WAY AND THE PERFORMANCE OF CERTAIN CONSTRUCTION
WORK ON PUBLIC RIGHTS-OF-WAY FOR CENTRAL POWER AND LIGHT COMPANY'S FACILITIES; PROVIDING
FOR WRITTEN ACCEPTANCE OF THIS ORDINANCE BY CENTRAL POWER AND LIGHT COMPANY; AND PROVIDING
FOR A TERM AND AN EFFECTIVE DATE.
WHEREAS, Central Power and Light Company (hereinafter referred to as "CPL") is now
and has been engaged in the electrical power business in the State of Texas and in
furtherance thereof, has erected and maintained certain items of its physical plant
in the City of McAllen, Texas (hereinafter referred to as the "city") for many years
pursuant to such rights as have been granted it by and under the laws of the State
of Texas, and subject to the reasonable exercise of the police powers granted by and
under said laws to the city; and
WHEREAS, CPL has operated its electrical power business in the city under successive
ordinances of the city, the last of which was the ordinance adopted on October 21,
1960, and in order to enhance the ability of CPL to borrow funds for plant and system
expansion and improvement, an extension to the existing franchise agreement is requested
by CPL; and
WHEREAS, it is to the mutual advantage of both the city and CPL that an agreement
should be entered into between CPL and the city establishing the conditions under
which CPL shall maintain and construct its physical plant in the city in the future;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF McALLEN, TEXAS,
THAT:
|