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HomeMy WebLinkAboutOrdinance No. 145 ORDINANCE NO. / ~ AN ORDINANCE SUSPENDING THE EFFECTIVE DATE OF PROPOSED REVISIONS OF RATES AND SCHEDULES OF TEXAS POWER AND LIGHT COMPANY FOR 120 DAYS FROM APRIL 10, 1981; 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 March 6, 1981 filed with the City Clerk a Statement of Intent and Petition for Authority to Change Rates for electric service provided by it with the corporate limits of the City and proposed that the revised schedules and rates become effective on April 10, 1981; and WHEREAS, the City Council is of the opinion that there is necessity 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 effetive 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 THE COLONY, TEXAS SECTION 1 The effective date of the proposed revision of rates and schedules of Texas Power and Light Company for electric service within the City, heretofore filed on March 6, 1981, is hereby suspended for a period of 120 days from April 10, 1981. The reason for such suspension is to provide additional time for consideration of data, for the conduct of public hearings and for final determination of the propriety of the request for a rate increase. SECTION 2 The rates of Texas Power & Light Company for electric service within the City in effect on March 6, 1980 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 and Light Company. DULY PASSED ON FIRST READING OF THE CLTY COUNCIL 9F THE CITY OF THE COLONY, TEXAS, ON THE ~ DAY OF '~y~z~.~ , 1981. ON SECOND READING ON THE /z~ DAY OF ~vNA~LY ~ASSED "//~/~jC.f'a-~ , 1981. APPROVED: DULY RECORDED: APPROVED AS TO LEGALITY OF THE FORM: CI~f~ SECRETARY CITY ATTORNEY