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91-03 O - Denton County Co-Op Rate Increase • ORDINANCE NO. - AN ORDINANCE APPROVING RATE SCHEDULES TO BE CHARGED BY DENTON COUNTY ELECTRIC COOPERATIVE, INC. IN THE CITY OF PROSPER, TEXAS: PROVIDING FOR SEVERABILITY: PROVIDING A REPEALER: AND DECLARING AN EMERGENCY. WHEREAS, on or about December 4, 1990, Denton County Electric Cooperative, Inc . (the "Cooperative") filed with the City of Prosper (the "City") , pursuant to the requirements of the Public Utility Regulatory Act, a statement of intent to change its rates system wide and a petition for authority to change rates requesting the City to improve implementation of the change in rates within the corporate limits of the City; and WHEREAS, the Cooperative filed with the Public Utility Commission of Texas the same statement of intent and a petition for authority to change rates requesting the Commission to approve implementation of the change in rates within areas in the original jurisdiction of the Commission; and WHEREAS, the Cooperatives request to the Public Utility Commission has been thoroughly investigated by the Public Utility Commissions staff and intervenors including the incorporated municipalities of Lewisville, Carrollton, Plano, Double Oak, and Flower Mound; and WHEREAS, all parties to the Public Utility Commission proceedings considering the Cooperatives rate request have settled and compromised all issues and requested commission approval of the tariff, including rate schedules, accompanying this Ordinance; and WHEREAS, the City finds the tariffs and schedules of rates attached to this ordinance to be reasonable and lawful; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PROSPER, TEXAS: SECTION I . The tariff sheets attached hereto and made a part hereof are approved for implementation within the City effective April 1, 1991. Such tariffs shall apply to all electric service rendered on and after April 1, 1991 . The tariffs, including rate schedules, herein approved, shall continue in effect until changed, modified, amended, or withdrawn in accordance with applicable laws . • • SECTION II . The enactment of this Ordinance constitutes, on the date of its final passage, a final determination of rates for the Cooperative within the City in accordance with Section 43 of the Public Utility Regulatory Act. SECTION III . Nothing in this Ordinance contained shall be construed now or hereafter as limiting or modifying, in any manner, the authority of the City to regulate rates and charges of electric utilities . SECTION III . If any section, sentence, clause or phrase of this Ordinance is for any reason held to be unconstitutional or otherwise invalid or unenforceable by a Court of competent jurisdiction, such decision shall not affect the validity of the remaining section, sentences, clauses, or phrases of this Ordinance or the Ordinance as an entirety, it being the legislative intent that the provisions of this Ordinance are separable and that the Ordinance shall continue in effect notwithstanding the invalidity of such section, sentence, clause or phrase. SECTION IV. That all ordinances, resolutions, or parts thereof, in conflict herewith are repealed to the extent of such conflict. SECTION V. It being for the public welfare that this Ordinance be passed, creates an emergency and public necessity, and the rule requiring this Ordinance be read on three ( 3) separate occasions be, and the same is hereby waived, and this Ordinance shall now be placed on its third and final reading for passage, and shall be in full force and effect from and after its passage and approval. SECTION VI . The City clerk or other officer of the City is hereby directed to certify a copy of this Ordinance and send it to the Cooperative. PASSED AND APPROVED by a vote of in favor to I opposed on this the /`/, day of Z; , 1991 . -2- • • City of P sper. By: Title: ATTEST: -3- •