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2000-103RESOLUTION NO. 00-103 A RESOLUTION OF THE CITY COUNCIL AUTHORIZING THE PARTICIPATION OF THE CITY OF SOUTHLAKE, TEXAS IN THE CAUSE OF ACTION STYLED THE CITY OF DENTON, TEXAS VS. TEXAS UTILITIES COMPANY AND LONE STAR GAS COMPANY OR SUCH OTHER CAUSES OF ACTION AS THE "STEERING COMMITTEE OF CITIES PARTICIPATING IN THE TXU FRANCHISE LITIGATION" MAY DETERMINE SEEKING DELINQUENT FRANCHISE FEES FROM TXU, LONE STAR GAS AND OTHER ENTITIES ASSOCIATED WITH TXU; AUTHORIZING THE EXPENDITURE OF FUNDS FOR ATTORNEY AND EXPERT WITNESS FEES; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on March 30, 2000 the 269' District Court awarded actual damages to the Cities of Wharton, Galveston and Pasadena of $3.4 million and on April 4, 2000 punitive damages of $30 million against Houston Lighting & Power Co. (HL&P) for underpaying franchise fees by excluding revenues from the gross receipts upon which such fees are derived; and WHEREAS, on December 12, 1999 an audit on behalf of the City of Denton estimated TXU Electric and Lone Star Gas owed delinquent franchise fees in excess of $1,000,000 based on findings that revenues similar to those at issue in the HL&P case were excluded from the calculation of gross receipts/revenues; and WHEREAS, the law firms of Strasburger & Price, L.L.P. and Bucek & Frank, L.L.P. have filed suit against TXU and Lone Star Gas on behalf of the City of Denton in the 393" District Court in Denton County for delinquent franchise fees; and WHEREAS, a consolidated action by cities in the TXU service area seeking delinquent franchise fees will reduce duplication of effort and the attendant legal, expert and court cost; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE,THAT: Section 1. That the City of Southlake agrees to participate with other similarly situated Texas cities in the TU/LONE STAR GAS system and join the City of Denton in pursuing causes of action against Texas Utilities Company, Lone Star Gas Company and other entities associated with TXU to collect delinquent franchise fees. Section 2. That the City of Southlake agrees to contribute $.50 for each individual residing within its corporate limits based on the 1990 U.S.. Census (except for such portion of its population that may not be residing within the TU/Lone Star Gas service area), whichever is more, to underwrite the cost of legal and expert witness fees and related costs to be expended on behalf of the cities in this matter, $.25 being due on or before November 13, 2000 and the other $.25, if assessed, being due and payable on the date the Steering Committee of Cities Participating in the TXU Franchise Litigation authorizes such assessment. Section 3. That Billy Campbell, City Manager or his designee shall be the City's primary contact and liaison in this matter and such individual shall be eligible to serve on "Steering Committee of Cities participating in the TXU Franchise Litigation" if he is elected by the cities participating inthislitigation. Notices to the City should be addressed as follows: Billy Campbell, City Manager City of Southlake 1725 E. Southlake Blvd. Southlake, Texas 76092 Telephone: 817-481-5581 ext. 701 Fax: 817-329-1747 E-mail: bcampbell@cityofsouthlake.com Section 4. That the liaison named above is authorized to take those steps reasonable and necessary to comply with the intent of this resolution. Section 5. That this resolution shall take effect immediately from and after its passage. PASSED AND APPROVED THIS THE 7 DAY OF , 2000. ATTEST:' of Sandra L. LeGrand, City Secretary APPROVED AS TO FORM: CITY ATTORNEY By: 0 Iaktacy,yor