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The City Council unanimously approved a 20-year electric franchise agreement with Oncor Electric Delivery Company. The agreement governs Oncor’s use of city rights-of-way and facilities, does not set electric rates, and was reported to have no additional fiscal impact.
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The renewed agreement lets Oncor continue operating electric lines and related facilities in Bedford’s streets, alleys, easements, and other public property. It updates the terms of the prior agreement and sets a 20-year term, but it does not change electric rates. The council also approved $218,500 for construction of Veteran’s Memorial Plaza and authorized EMS equipment purchases totaling up to $350,000 if renewal options are used.
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