HomeMy WebLinkAboutCity Council Resolutions (R-73-77)-11/20/1973
STATE OF TEXAS 1
COUNTY OF TARRANT 1 RESOLUTION NO. R-73-77
CITY OF COLLEYVILLE I
RESOLVED by the City Council of the City of Col1eyvil1e,
Texas, that the letter agreement dated the 21st day of
November, 1973, by and between Texas Power & Light Company and
the City of Colleyville, increasing the amount of street rentals
paid by Texas Power & Light Company to the City of Colleyvi1le
to three per cent (3%) of its annual gross electric revenues by,
and the same is hereby, approved.
PASSED AND APPROVED at a regular meeting of the City of
Council of the City of Col1eyville, Texas, this 20th day of
November, 1973.
ATTEST:
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TO THE HONORABLE MAYOR AND
CITY COUNCILMEN OF THE CITY
OF COLLEYVILLE, TEXAS
Gentlemen:
Under the terms of its franchise, and or letter agreement,
heretofore granted by the City of Colleyville, Texas Power &
Light Company is required to pay to the City as street rentals
two per cent (2%) of its annual gross revenues from the
sale of electric power and energy.
Effective March 1, 1974, Texas Power & Light Company agrees
to increase to three per cent (3%) of its annual gross revenues
from the sale of electric power and energy, the amount paid to
the City of Colleyville as street rentals, such increased rate
for the current year to be computed only on bills rendered by
the Company to its customers after February 28, 1974.
Please acknowledge your receipt of this letter and your
agreement to this increase by signing in the space provided
below.
By
Received and agreed to this 21st day of November, 1973.
THE CITY OF COLLEYVILLE
BY'/lz~
M. LOUIS RAMEY, City ecret y
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