81-07 O - Approving Rate Increase for Texas Power and Light ORIDNANCE NO. et7/
AN ORDINANCE APPROVING RATE SCHEDULES TO BE CHARGED BY TEXAS
POWER & LIGHT COMPANY IN THE CITY OF PROSPER , TEXAS
APPROVING SERVICE REGULATIONS FILED BY TEXAS POWER & LIGHT
COMPANY, PROVIDING FOR AN EFFECTIVE DATE FOR SUCH RATE
SCHEDULES, AND PROVIDING CONDITIONS UNDER WHICH SUCH RATE
SCHEDULES MAY BE CHANGED, MODIFIED, AMENDED OR WITHDRAWN:
WHEREAS, on March 6, 1981, Texas Power & Light Company
filed with the City Secretary a request for an increase in
rates to be charged within the City and for approval of
Service Regulations to be observed in the City; and
WHEREAS, the City having suspended the effective date
of such proposed rate increase from April 10 , 1981, and having
considered the same at a public hearing, is of the opinion and
finds that an increase in rates should be approved, being the
same rates heretofore approved by the Pulbic Utility Commission
of Texas, in Docket No. 3780, pursuant to a request filed with
it by Texas Power & Light Company on March 6, 1981, NOW THEREFORE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PROSPER ,
TEXAS:
4111, SECTION 1 : That an increase in the rates, tariffs and
charges of Texas Power & Light Company for electric power and
energy sold within the City be approved in an amount such that
the adjusted total system wide operating revenue for the Company
be increased $88,198,121 per annum as approved by the Public Utility
Commission of Texas in Docket No: 3780, and the rates, tariffs
and charges giving effect to such increase approved by the Public
Utility Commission in said Docket No. 3780 are hereby approved as
the Schedule of Rates under which said Company is authorized to
render electric service and to collect charges from its customers
for sale of electric power and energy within the corporate limits
of the City until such time as said Rate Schedules and Service
Regulations may be changed, modified, amended or withdrawn, with
the approval of the City Council.
SECTION 2: That the Service Regulations of Texas Power &
Light Company filed with the City Secretary on March 6, 1981, be,
and the same are hereby approved.
SECTION 3: That such Schedule of Rates and Tariffs and
tor Service Regulations shall be effective for consumption from and
after the date of the final order of the Public Utility Commission.
SECTION 4 : The filing of the Rate Schedules and Service
Regulations and the approval of same by the City Council , in the
manner herein provided, shall constitute notice to the consumers
of electricity, within the City, of the availability and
application of such Rate Schedules and Service Regulations .
PASSED AND APPROVED at a Regular meeting of the City Council
of Prosper , Texas, this the 11th day of August , 1981.
/6,44t ,e Zeiji/
Mayor I,
ATTEST:
City Secretary
(CITY SEAL)