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R-00-10-12-10F1 - 10/12/2000K: \ W PDOCS\RESOLUTI\A01012 F 1. W PD /jkg RESOLUTION NO. R- 00- 10- 12 -10F1 A RESOLUTION AUTHORIZING THE PARTICIPATION OF THE CITY OF ROUND ROCK, TEXAS IN THE CAUSE OF ACTION STYLED THE CITY OF DENTON, TEXAS V. 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 269th 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 million 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 393rd 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 costs; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: SECTION 1. That the City of Round Rock, Texas 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 Round Rock, Texas agrees to contribute $0.50 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) or the sum of $2,000.00, 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, with $0.25 [or $1,000.00 if applicable] being due on or before October 31, 2000, and the remaining $0.25 [or $1,000.00 if applicable] being due and payable on the date the "Steering Committee of Cities Participating in the TXU Franchise Litigation" authorizes such assessment. 2 SECTION 3. That Robert L. Bennett, Jr., City Manager of the City of Round Rock, Texas, or his designee, shall be the City's primary contact and liaison in this matter and such individual shall be eligible to serve on the "Steering Committee of Cities Participating in the TXU Franchise Litigation" if he is elected by the cities participating in this litigation. Notices to the City should be addressed as follows: City Manager Robert L. Bennett, Jr. 221 East Main Street Round Rock, Texas 78664 Telephone (512) 218 -5400 Fax (512) 218 -7097 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. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and the Act. 3 RESOLVED this 12th day of October, 2000. ST: •S4IU .. /1_0 se E LAND, City Secretary 4 City of Round Rock, Texas DATE: October 4, 2000 SUBJECT: City Council Meeting — October 12, 2000 ITEM: 10.F.1. Consider a resolution authorizing the City of Round Rock's participation in the City of Denton vs. Texas Utilities Company and Lone Star Gas Company lawsuit seeking delinquent franchise fees. Staff Resource Person: Bob Bennett, City Manager. A consolidated action by numerous cities in TXU's service area is being brought for recovery of delinquent franchise fees, such delinquency resulting from TXU excluding certain types of revenues from its calculations of gross receipts /revenues. This resolution to join the action would bind the City of Round Rock to contribute $0.50 for each resident based on the 1990 census, with one -half of that amount payable by October 31, 2000 and the remaining one -half to be payable upon future assessment.