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HomeMy WebLinkAboutOrdinance No. 198AN ORDINANCE SUSPENDING THE EFFECTIVE DATE OF PROPOSED REVISIONS OF RATES AND SCHEDULES OF TEXAS POWER & LIGHT COMPANY FOR 120 DAYS FROM MARCH 19, 1982; PROVIDING THAT THE RATES OF SAID PUBLIC UTILITY SHALL REMAIN gNCHAMGED DURING THE PERIOD OF SUSPENSION; AMD PROVIDING FOR NOTICE HEREOF TO SAID PUBLIC UTILITY; AND DECLARING AN EMERGENCY WHEREAS, Texas Power & Light Company heretofore, on February 12, 1982, filed with the Governing Body of this City a Statement of Intent and Petition for Authority to Change Rates for electric service provided by it within the corporate limits of the City and proposed that the revised schedules and rates become effective on March 19, 1982; and WHEREAS, the City Council is of the opinion that it is necessary to consider a large amount o£ data in connection with the request and that public hearings thereon are necessary and, consequently, that the proposed effective date of said revised schedule of rates should be suspended; NOW THEREFORE: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY , TEXAL: Section 1 The effective date of the proposed revision of rates and schedules of Texas Power & Light Company for electric service within the City, heretofore filed on Eebruary 12, 1982, is hereby suspended for a period of 120 days from March 19, 1982. 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 February 12, 1982 shall continue in force during the period of suspension as provided in Section 1. Section 3 The City Secretary is hereby directed, promptly after passage hereof, to furnish a copy of this Ordinance to Texas Power & Light Company. Section 4 An emergency exists necessitating the suspension of any rule requiring multiple readings of this Ordinance and all multiple readings of this Ordinance are hereby waived; this Ordinance shall take effect immediately upon its passage. PASSED AND APPROVED at a Regular meeting of the City Council of the_~lty ~f The Colony .......... , Texas, on this the .~_ day of  /~City 'Secretary [ APPROVED AS TO FORM AND LEGALITY: ~ City Attorney -'" ~