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52-01 O - Establishing Natural Gas Rates . r 4 . (3_ 0 AN ORDINANCE FIXING AND DETERMINING RATES AND CHARGES TO BE CHARGED FOR SALES OF NATURAL GAS TO RESIDENTIAL AND COMMERCIAL CONSUMERS WITHIN THE CITY LTMITS OF __puma , COLLTN COUNTY. TEXAS, PROVIDING FOE THE M! NNLR IN WHICH SUCH RATES AND CHARGES MA: BE CHANGED AND AMENDED AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PROSPER SECTION 1. Effective with the first gas bills rendered after the date of passage and approval of this ordinance the rates and charges for sales of natural gas and natural gas service rendered to residential and commercial consumers with- in the city lim;.ts of Prosper by Lone Star Gas Com- pany, a Texas corporation, its successors and assigns, are hereby fixed and determined to be as follows: Minimum Monthly Bill $1 53 First 1 m.c.f. at $1.70 per m.c.f. gross; $1. 53 per m.c.f. net. Next 1 m.c.f. at 1,422 per m.c.f. gress; 1.28 per m.c.f. net. Next 3 m.c.f. at .867 per m.c.f. gross; .78 per m.c.f. net. Next 20 m.c.f, at . 589 per m.c.f, grog; .53 p r m.c.f. net. All Over 25 m.c.f, at .533 per m.c.f. gross; .48 per m.c.f. net. Net rate shall apply to all bills paid within ten days from monthly billing date. Except with respect to rates, all charges for natural gas service now in effect shall remain in effect unchanged. The above rates and charges are applicable to each resi- dential and commercial consumer per month or for any part of a month for which gas is used at the same location. SECTION 2. The rates and charges set forth in Section 1 may be changed and amended by either the City cr the company furnishing gas in the manner provided by law. SECTION 3 . The fact that there is an imperative public need for an immediate change and adjustment in the rates and charges for gas and gas service furnished to residential and commercial consumers creates an emergency and the reading and passage of this ordinance at three separate meetings is hereby suspended and this ordinance shall take effect and be in full force from and after the date of its passage at a single meet- ing and the approval thereof by the mayor. Jdill -C,t izid PASSED AND APPROVED on this the 1 -7 day of A.D. 1912er ATTEST: )W-CeaA..\ Ci y ecretary Mayor City of Prosper , Texas STATE OF TEXAS COUNTY OF COLLIN I, %� ��-� : , Secretary of the City of Prosper , Collin County, Texas, hereby certify that the above and foregoing is a true and correct copy of an ordinance passed and approved by the City Council of the City of PilpsDer 4 at a /1 session held on the / 2 day of ��,, � , 19E y as it appears of record in the Minutes of said Couhcil, in Book / , page /0 . WITNESS MY HAND AND SEAL OF SAID CITY, this the / 7 day of yVw- t-t_ , A.D. 19 %. i Secretary City of Prosper , Texas -2-