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49-01 O - Texas Power and Light Amended Rates ORDINANCE NO. An Ordinance approving certain Rate Schedules filed by Texas Power & Light Company in the City of Prosper , Texas, and providing conditions under which such Rate Sched- ules may be changed, modified, amended or withdrawn: WHEREAS, Texas Power & Light Company has a franchise for the distribution of electric ower and energy to customers within the City of P.rocptir , Texas, and is entitled to charge for such service its regular rates for such character of service as now established, and as the same may be hereafter changed, modified or amended in a regular and lawful manner; and WHEREAS, City desires to approve such rates as now filed and to subsequently exercise control thereof in the manner hereinafter provided; THEREFORE, Be it ordained by the City ubru :airE or the City of Prosper Texas: SECTION 1: That Texas Power & Light Company, having filed on the 26th day of September , 194 , its Rate Book No. C-119-70 , containing a set of electric Rate Schedules and the Service Regulations referred to therein, with the City Secretary, the same are hereby approved as the Schedules of Rates under which said Company is authorized 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limits of the City until such time as said Rate Schedules and Service Regula- ions may be changed, modified, amended or withdrawn, as provided in the next succeeding Section hereof. SECTION 2: Should Texas Power & Light Company, its successors or assigns , desire to put in effect within the City a new Rate Schedule or new Service Regulation, or to change any existing Rate Schedule or Service Regulation, or to withdraw any Rate Schedule, it shall file with the City Secretary such new or changed Rate Schedules or Regulations or notice of withdrawal of any existing Rate Schedule or Service Regulation, not less than thirty (30) days prior to the time it desires to make the same effective, unless the City Comm sion , upon application of the Company, prescribe a less time within which the same may ussl be made effective. In the absence of suspension or disapproval of the City'zra ±within said period, the new or changed Rate Schedule or Service Regulation, or the withdrawal of an existing Rate Schedule or Service Regulation, shall becomemreLff�ecitive at the time speci- fied in such schedule or notice. The failure of the City Cou�rnt= sto suspend or disapprove, by Ordinance, the action regarding such Rate Schedule or Service Regulation, shall consti- tute legislative approval of same. SECTION 3: It shall be unlawful for Texas Power & Light Company to charge any Rate or put into effect any Service Regulation not fixed or approved by the City Council, in the manner herein provided. SECTION 4: The filing of the Rate Schedules and Service Regulations, and the Commi,ssign approval of same by the City Cactx1I, in the manner herein provided, shall constitute notice to the consumers of electricity, within the City, of the availability and applica- tion of such Rate Schedules and Service Regulations. SECTION 5: This Ordinance shall take effect and be in full force and effect from and after the date of its passage and approval by the Mayor. PASSED AND APPROVED at a Cif filed Meeting of the City Council of the City of Prosper. , Texas , this the 3rd day of October , 19 491 (CITY SEAL) ATTEST: Ci ecret ' y Mayor