HomeMy WebLinkAboutOrdinances (O-83-496)-12/18/1983
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ORDINANCE NO.
0-83-496
AN ORDINANCE APPROVING RATE SCHEDULES TO BE CHARGED BY TRI-COUNTY
ELECTRIC CO-OPERATIVE, INC. IN THE CITY OF COLLEYVILLE, TEXAS,
PROVIDING FOR SCHEDULES, CONDITIONS, SEVERABILITY~ REPEAL OF
CONFLICTING ORDINANCES.
WHEREAS, on May 20, 1983, Tri-County Electric Co-operative, Inc.
filed with the City of Colleyville a statement of
intent to change the rates charged for electric service
within the City (approximately $1,321,773.00 per annum
on a system-wide basis, an increase in total adjusted
test year base rate revenues of approximately 6.45
per cent)~ and,
WHEREAS, the City, having suspended the effective date of such
proposed increase from July 1, 1983, and having
considered the same at a public hearing, is of the .
opinion and finds that an increase in rates should be
approved~ NOW, THEREFORE,
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BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE,
TEXAS:
Sec. 1.
THAT an increase in the rates, tariffs, and charges of
Tri-County Electric Co-Operative, Inc. for electric ,
power and energy sold within the City be approved in ani
amount such that the adjusted total system-wide
operatinq revenues for the Company be increased
$ (not including "other revenues")
per annum, an increase of approximately
per cent in base rate revenues based on the adjusted
test year ending Such
Schedule of Rates, as are approved in accordance
herewith, are those under which said Company shall be
authorized to render electric service and to collect
charges from its customers for the sale of electric
power and energy within the corporate limits of the
ci ty unti 1 such time as said Rate Schedules may be
changed, modified, amended, or withdrawn, with the
approval of the City Council.
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THAT Tri-County Electric Co-operative, Inc. shall file
with the City a Revised Schedule of Rates and Tariffs
setting forth those rates, tariffs, and charges based
upon an increase in total operating revenues as
prescribed herein for each customer class. Such
Schedule of Rates and Tariffs may be modified or
amended by the City Council wi thin ten (10) days from
the date of filing with the City, otherwise the same
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Sec. 3.
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Sec. 4.
shall be considered approved as filed. Such Schedule
of Rates and Tariffs, as the same may be modified or
amended, shall apply to all power and energy used by
each customer on and after
THAT the action of the City Council of the City of
Colleyville enacting this ordinance constitutes, on the
date of its final passage, a final determination of
rates for Tri-County Electric Co-operative, Inc.
within the City of Colleyville in accordance with
Section 43(e) of the Public Utility Regulatory Act.
THAT nothing in this ordinance contained shall be
construed now or hereafter as limiting or modifying, in
any manner, the right and power of the Ci ty under the
law to regulate the rates and charges of Tri-Country
Electric Co-operative, Inc.
THAT all ordinances, resolutions, or parts thereof, in
conflict herewith are repealed to the extent of such
conflict.
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AND IT IS SO ORDERED.
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PASSED AND ADOPTED this the
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day of
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ATTEST
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CITY OF COLLEYVILLE
By:
Robert E. Neely, Mayor
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LaVada Johnson
20 City Secretary
Approved as to form and legality:
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Ross T. Foster
City Attorney
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