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HomeMy WebLinkAboutOrdinances (O-81-411)-07/07/1981 1 2 3 4 5 6 7 8 VOL PAGE ~ (/f' J '1-~~:ttt;'--tc}C/~ t () . I f..- J'1\' \~, :J / ,:!,- /'1> I , 'i',c' . , t\' v', . - , /~l...~- ~ \') r /.... v ('I i \ ') ;, f '. ' / Jt:J ORDINANCE NO. 0-81-411 AN ORDINANCE APPROVING RATE SCHEDULES TO BE CHARGED BY TEXAS POWER AND LIGHT COMPANY IN THE CITY OF COLLEYVILLE, TEXAS, PROVID- ING FOR AN EFFECTIVE DATE FOR SUCH RATE SCHEDULES, AND PROVIDING CONDITIONS UNDER WHICH SUCH RATE SCHEDULES MAY BE CHANGED, MOD- IFIED, AMENDED OR WITHDRAWN. WHEREAS, on March 6, 1981, Texas Power and Light Company filed with the City of Colleyville a request for an increase in rates to be charged within the City in the amount of approximately $197.9 million per annum on a systemwide basis; and, 9 WHEREAS, the City having suspended the effective date of such proposed rate increase from April 7, 1981, and having 10 considered the same at a public hearing, is of the opinion and finds that an increase in rates should be 11 approved; NOW, THEREFORE, 12 13 14 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. I. THAT an increase in the rates, tariffs and charges of Texas Power and Light Company for electric power and energy sold within the City be approved in an amount such that the adjusted total systemwide operating revenues for the Company be increased $31,200,000 per annum, based on the adjusted test year ending December 31, 1980. 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within the corporate limits of the City until such time as said Rate Schedules may be changed, modified, amended or withdrawn, with the approval of the City Council. 15 16 17 18 19 I Sec. 2 . 20 21 22 23 24 25 26 THAT Texas Power and Light Company shall, within 10 days from the final passage of this Ordinance, 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. Such Schedule of Rates and Tariffs may be modified or amended by the City Council of the City of Colleyville within 20 days from the final passage of this Ordinance, otherwise, same shall be considered approved as filed. Such Schedule of Rates and Tariffs, as same may be modi- fied or amended, shall be effective from and after final passage of this Ordinance and shall apply to all power Ordinance No. 0-81-411 Page 2 VOL PAGE 1 2 3 and energy used by each customer after the final passage of this Ordinance. 4 Sec. 3. 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 Texas Power and Light Company within the City of Colleyville in accordance with Section 43(e) of the Public Utility Regulatory Act. 5 6 7 Sec. 4. Nothing in this Ordinance contained shall be construed now or hereafter as limiting or modifying, in any manner, the right and power of the City under the law to regulate the rates and charges of Texas Power and Light Company. 10 AND IT IS SO ORDERED. 8 9 11 The first reading and public hearing being conducted on the 2nd day of J u n e , 19 81 . The second reading and public hearing being conducted on the 16th day of June , 19~. The third reading and public hearing being conducted on the 7th day of J u 1 y , 19 81 . CITY OF COLLEYVILLE 12 13 14 15 By: 16 Buck Hubbard, Mayor 17 ATTEST: 18 19 LaVada Johnson Ci ty Secretary 20 Approved as to form and legality: 21 22 Ross T. Foster 23 Ci ty Attorney 24 25 26