Item 4PItem 4P
Oncor Electric Franchise Agreement
Requested Action
City Council approval of Ordinance No. 1054, 1st Reading
Background Information
10 yr. agreement w/Oncor
Agreement Provisions include:
Use of Public Rights-of-Way (ROW)
Relocation & Abandonment of lines and ROW
Franchise Fee Rate
Payment Schedule
Financial Considerations
18 month negotiation
TOASE review
Complies with all statutes and regulations
Legal Review
Questions?
Ben Thatcher 817-748-8005