Loading...
HomeMy WebLinkAboutOrdinance 0717 I · .. . o R DIN A N C E NO. 717 ->- . AN ORDINANCE APPIOVING RATE SCHEDULES 'IO BE ŒARGED BY TEXAS ELECTRIC SERVICE mfPANY IN THE CITY OF NORTH RICHLAND mUB , TEXAS, POOVIDING FOR AN EFFECI'IVE DATE FOR SUCH RATE SCHEDULES, AND PROVIDING CXI'IDITIONS UNDER WHIm SUCH RATE SŒEDULES MAY BE CRANGED, MJDIFIED, AMENDED OR WITHDRAWN. WHEREAS, on May 30, 1978, Texas Electric Service Corrpany filed with the City of North Richland Hills a request for an increase in rated to be charged within the City in the a.rrount of approxi.rmtely $100 million per annum on a systemwide basis, an increase of approximately 24.43%; and WHEREAS, the City having suspended the effective date of such proposed rate increase from July 5, 1978 for 120 days and having considered the same at a public hearing, is of the opinion and finds as follows: <Jl. That at this particular time, from the evidence presented, Texas Electric Service Corrpany has not met its burden to show that any rate increase should be granted; (2), That the schedule of rates that are presently in effect and which were in effect immediately prior to May 30, 1978 should be the rates to be charged from this day forward and until further action of this City Council; (3). That the City should reserve the right to suspend the schedule of rates under consideration (filed on May 30, 1978) an additional 30 days beyond the original 120 days for further hearings and study. NOW THEREFORE, BE IT ORDAINED BY THE CITY CXXJNCIL OF THE CITY mUNCIL OF THE CI'lY OF NORI'H RICHLAND HIUB , TEXAS : SEcrlOO 1: That the rates, tariffs and charges of Texas Electric Service Company for electric power and energy sold wi thin the City be set the same as they are now and the saIœ as were in effect inmediately prior to the filing of May 30, 1978. Such Schedule of Rates, as are approved in accordance herewith, are those under \vhich 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 tiIre as said Rate Schedules may be changed, . ~1f~ed, amended or withdrawn, with the approval of the City Council. SECTlOO 2: That the action of the City Council of the City of North RichlandHills enacting this Ordinance constitutes, on the date of its final passage, a final determination of rates for Texas Electric Service Company Within the City of North Richland Hills in accordance with Section 43(e) of the Public Utility Regulatory Act. .. . SECrIOO 3: Nothing in this Ordinance contained shall be construed now or hereafter as limiting or mxiifying, in any manner, the right and power of the City under the law to regulate the rates and charges of Texas Electric Service Company, and the City reserves the right to suspend the schedule of rates under consideration (filed on May 30, 1978) an additional 30 days beyond the original 120 days, for further hearings and study. In the event that any portion of this section is in conflict with any other section of this ordinance, the other section or sections shall govern. SECrIOO 4: The .fact that the City Council must act upon the rate increase request 'before the 2nd day of Octo'ber, 1978, creates an emergency and this Ordinance is passed as an Emergency measure without the necessity of passage on rrore than one reading. PASSED AND APPROVED at Regular Meeting of the _City CouncH of the Ci ty of North Richland Hills , Texas, this the 25th day of September , 1978. APPROVED : ~~ ;Z ú4 MaYO~ro Tern - James F. Cato .J A'ITEST : if .~ ~ ?¿'P¿.¿C- ~'-: / City ecretary ~( #a~ß/ (City Seal) ~. -. . - r r . .