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70-101 O - General Service Rate for Natural Gas .� .. �...+.rrLKW.Liw.a }. _�..+-:�-.o•.ww.+.F< x+wr+ew..v .—.+...aw..v<-......eu.iDrwxh,w.na,•: .an. .. • AN ORDINANCE FIXING AND DETERMINING THE GENERAL SERVICE RATE TO BE CHARGED FOR SALES OF NATURAL GAS TO RESIDENTIAL AND COMMERCIAL CONSUMERS WITHIN THE CITY LIMITS OF PROSPER , COLLIN COUNTY, TEXAS, AND PROVIDING FOR THE MANNER IN WHICH SUCH RATE MAY BE CHANGED, ADJUSTED AND AMENDED AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF PROSPER: SECTION 1. Effective with the first gas bills rendered after the final approval of this ordinance, the maximum general service rate for sales of natural gas rendered to residential and commercial consumers within the city limits of Prosper by Lone Star Gas Company, a Texas corporation, its successors and assigns, is hereby fixed and deter- mined as follows: First 1,000 cu. ft. or fraction thereof t2.222 Gross; t2.00 Net. Next 3,000 cu. ft. @ $1,067 per Mcf Gross; $ .96 per Mcf Net. • Next 6,000 cu. ft. O .956 per Mcf Gross; .86 per Mcf Net. Next 15,000 cu. ft. @ .889 per Mcf Gross; .80 per Mcf Net. • Next 75,000 cu. ft. @ .833 per Mcf Gross; .75 per Mcf Net. All Over 100,000 cu. ft., @ .800 per Mcf Gross; .72 per Mcf Net. No gas bill will be rendered to any residential or commercial consumer served under the above rate not consuming any gas during any monthly bill- ing period. ADJUSTMENT The amount of each net monthly bill computed at the above stated rates shA1J be subject to the following adjustment: Plus an amount equiv^.- lent to the proportionate part of any new tax, or increased tax, or any other governmental imposition, rental, fee or charge (except state, county, I2 city and special district ad valorem taxes and taxes on net income) levied, assessed or imposed subsequent to July 1, 1969, upon or allocable to the Company's distribution operations, by any new or amended law, ordinance or contract. Each gross monthly bill shall be adjusted proportionately. Com- pany, at its option, may forego the application of this adjustment; however, failure of Company to apply such adjustment shall not constitute a waiver of Company's right from time to time, or at any time, to make such adjust- ment, in whole or in part, in any subsequent current monthly bill that may be applicable to such bill. Net rate shall apply to all bills paid within ten days from monthly billing date; gross rate shall be applicable thereafter. I The above rate is applicable to each residential and commercial consumer per month or for any part of a month for which gas is used at the same location. In addition to the aforesaid rates, Company shall have the right to collect such reasonable charges as are necessary to conduct its business and to carry out its reasonable rules and regulations in effect. SECTION 2. The rate set forth in Section 1 may be changed and amended by either the City or Company furnishing gas in the manner pro- vided by law. Service hereunder is subject to the orders of regulatory bodies having jurisdiction, and to the Company's Rules and Regulations currently on file in the Company's office. SECTION 3. The fact that there is an imperative public need for an ordinance fixing and determining the rate for gas and gas service fur- nished 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 meeting and the approval thereof by the Mayor. PASSKo AND APPROVTD on this the % l� day of `Ee,, A.D. 19/c . ATTEST: f!ar Setary Maygi 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 Commission of the City of Prosper at a /(z/auL.o'f session held on the 9/1 day of i -/V9w,e, , 1974 , as it appears of record in the Minutes of said pity Commission in Book / , page /C 41 WITNESS MY HAND AND SEAL OF SAID CITY, this the /c r`day of �tLfl iy A.D., 197c • e �.' ry Secr City of Prosper , Texas -2-