HomeMy WebLinkAboutOrdinances (O-94-964)-10/18/1994
ORDINANCE 0-94-964
AN ORDINANCE REVISING THE RATES OF LONE STAR GAS
COMPANY IN THE CITY OF COLLEYVILLE, TEXAS; PROVIDING
FOR CONDITIONS AND REPEAL OF CONFLICTING ORDINANCES
WHEREAS, on May 11, 1994, Lone Star Gas Company ("LSGC") filed with the
City of Colleyville (IICITY") a request for an increase in gas utility
rates to be charged within CITY in the amount of $2,011,101 per
annum within the Mid-Cities Distribution System; and
WHEREAS, CITY, having suspended the effective date of such proposed
increase for a period of time necessary and authorized by law,
including time for the continuation of a hearing in progress pursuant
to Section 5.08(d) of the Gas Utility Regulatory Act (GURA), or
alternatively, pursuant to its authority under Section 5.07 of GURA,
and having considered the same after reasonable notice and public
hearing, and findings as to the unreasonableness of the current
rates, is of the opin ion and finds that the rates of LSGC should be
adjusted;
NOW, THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVI LLE, TEXAS:
Sec. 1:
Sec. 2:
That the rates, tariffs and charges for LSGC for gas service sold
within CITY be revised to increase $30,498 annually, which is a
component of the Mid-Cities Distribution System annual revenue
increase of $675,635. Such schedules of rates, as are approved in
accordance herewith, are those under which said LSGC shall be
authorized to render gas service and to collect charges from its
customers for the sale of gas service and energy within the
corporate limits of CITY until such time as said Rate Schedules may
be changed, modified, amended or withdrawn, with the approval of
the City Council. This ordinance also approves the elimination of the
Rate Schedule for Public Free Schools - N and placement of these
customers receiving said rate on the commercial rate set forth in the
schedules and tariffs filed with CITY.
The rates approved hereby fix the overall revenu es of LSGC at a
level which will permit LSGC a reasonable opportunity to earn a
reasonable return on both its original and adjusted value invested
capital used and useful in rendering service to the public over and
above LSGC's reasonable and necessary operating expenses. The
rates approved hereby are just and reasonable.
Sec. 3:
Sec. 4:
Sec. 5:
Sec. 6:
Sec. 7:
Isec.8:
Sec. 9:
The rates approved hereby shall be effective with the gas bills
rendered on and after October 20, 1994, and enforced as of the date
hereof, and shall be charged and observed thereafter until revised
according to law.
That LSGC shall file with CITY within ten (10) days hereof a revised
Schedule of Rates and Tariffs setting forth those rates, tariffs, and
charges based upon such increase in total operating revenues as
prescribed herein. The rate design implemented by such schedules
and tariffs shall be in accordance with Schedule 3, attached hereto.
Such Schedule of Rates and Tariffs may be modified or amended by
the City Council within (10) days from the date of filing with CITY,
otherwise same shall be considered approved as filed.
LSGC shall reimburse CITY its costs for consultants and shall also
reimburse CITY its reasonable costs for participation in any appeal
of this rate case.
Any LSGC request for modification of existing tariffs, rates or
schedules not specifically addressed herein, is denied. However, all
adjustment clauses, except the gas cost adjustment clause and the
adjustment clause for changes in municipal franchise fees, are
specifically denied.
That the action of the City Council enacting this ordinance
constitutes, on the date of its final passage, a final determ ination of
rates for LSGC within CITY in accordance with the Gas Utility
Regulatory Act.
Nothing contained in this ordinance shall be construed now or
hereafter as limiting or modifying, in any manner the right and power
of CITY under the law to regulate the rates and charges of LSGC.
That all ordinances, resolutions, or parts thereof, in conflict herewith,
are repealed to the extent of such conflict.
ND SO IT IS ORDERED.
he first reading and public hearing being conducted on the ~ t!-- day of
eptember, 1994.
he second reading and public hearing being conducted on the 2D ~ day
f September, 1994.
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The third reading and public hearing being conducted on the 4'1). day of
Odobe~ 1994. TABLED. APPROVED BY COUNCIL ON OCTOBER 18, 1994.
ATIEST:
CITY OF COLLEVVI LLE
APPROVED AS TO FORM AND LEGALITY:
;:;7*
Ross T. Foster
City Attorney
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