C. ID 23-2062 Consider the first reading of an ordinance granting to Oncor Electric Delivery Company LLC, a non-exclusive electric power franchise for the purpose of constructing, maintaining, and using an electric delivery utility system in the City of Denton; prescribing the relationship and relative rights between grantee and others with respect to construction in the city and location of facilities; providing for enforcement of the franchise; prescribing the duties, responsibilities, and rulemaking authority of the City Manager and the City with respect to administration of this franchise; reserving to the governing body of the City the right to set charges and rates of grantee; regulating the construction work done by the grantee in the City; addressing the joint use of poles, trenches, and ducts in certain instances; addressing relocation of facilities; providing for compensation to the City from the grantee for the franchise privilege; requiring certain records and reports and providing for inspections and preservation thereof; providing for enforcement of the franchise; providing for assignment of the franchise; providing for indemnity and insurance; providing for term, renewal, effective date, and acceptance of this franchise; addressing conformity with applicable laws, City charter and City code; providing for good faith effort; providing for the repeal of the existing franchise ordinance no. 2012-359 to Oncor Electric Delivery Company LLC, its predecessors and assigns, and finding that the meeting at which this ordinance is passed is open to the public; and providing an effective date.