The City of Coppell
File #: 2020-5057    Version: 1 Name: TNMP Franchise Ordinance
Type: Agenda Item Status: Passed
File created: 4/20/2020 In control: Finance
On agenda: 4/28/2020 Final action: 4/28/2020
Title: Consider approval of an Ordinance granting Texas-New Mexico Power Company the non-exclusive right, privilege, and franchise for a term not to exceed ten (10) years to erect, maintain, operate, and remove electric lines and pertinent facilities in, over, under, across, upon, and along the present and future public streets, alleys, and other public property within the City; and prescribing compensation for the rights, privileges, and franchise conferred hereunder; and authorizing the Mayor to sign.
Attachments: 1. TNMP Ordinance Memo 04062020.pdf, 2. TNMP Signed Map.pdf, 3. 25291596_1_Coppell - Franchise Agreement - Final (March 2020).pdf

Title

Consider approval of an Ordinance granting Texas-New Mexico Power Company the non-exclusive right, privilege, and franchise for a term not to exceed ten (10) years to erect, maintain, operate, and remove electric lines and pertinent facilities in, over, under, across, upon, and along the present and future public streets, alleys, and other public property within the City; and prescribing compensation for the rights, privileges, and franchise conferred hereunder; and authorizing the Mayor to sign.

 

Summary

See attached memorandum

 

Fiscal Impact:

There is no fiscal impact to expenditures regarding this item.

 

Staff Recommendation:

The Finance Department recommends approval of the ordinance.

 

Goal Icon:

Sustainable City Government