77-05 O - Suspending TPTL rates ORDINANCE NO. /7 r7
' AN ORDINANCE SUSPENDING THE EFFECTIVE DATE OF PROPOSED REVISIONS
OF RATES AND SCHEDULES OF TEXAS POWER & LIGHT COMPANY FOR 120 DAYS
FROM JANUARY 25, 1978; PROVIDING THAT THE RATES OF SAID PUBLIC
UTILITY SHALL REMAIN UNCHANGED DURING THE PERIOD OF SUSPENSION;
AND PROVIDING FOR NOTICE HEREOF TO SAID PUBLIC UTILITY.
WHEREAS, Texas Power Light Company heretofore, on December 21,
1977, filed with the City Clerk a Statement of Intent and Petition
for Authority to Change Rates for electric servcie provided by it
within the corporate limits of the City and proposed that the re-
vised schedules and rates become effective on January 25, 1978; and
WHEREAS, the City Council is of the opinion that there is a neces-
sity to consider a large amount of data in connection with the
request and there is a necessity for public hearings thereon prior
to final determination of the rate request, and consequently that
the operation and effective date of the proposed schedule of rates
should be suspended for final determination of the rate request;
NOW THEREFORE:
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PROSPER
TEXAS:
Section 1
The effective date of the proposed revision of rates and
schedules of Texas Power & Light Company for electric service with-
in the City, heretofore filed, on December 21, 1977, is hereby sus-
pended for a period of 120 days from January 25, 1978. The reason
for such suspension is to provide additional time for consideration
of data, for the conduct of public hearings and for final determina-
tion of the propriety of the request for a rate increase.
Section 2
The rates of Texas Power & Light Company for electric ser-
vice within the City in effect on December 21, 1977 shall continue
in force during the period of suspension as provided in Section 1.
Section 3
The City Clerk is hereby directed, promptly after passage
hereof, to furnish a copy of this Ordinance to Texas Power & Light
Company.
PASSED AND .APPROVED this 10th day of January , 197 8.
/�Z. •I
MAYOR
ATTEST:
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C. ty