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HomeMy WebLinkAboutOrdinance No. 641 AN ORDINANCE APPROVING RATE SCHEDULES TO BE CHARGED BY TEXAS UTILITIES ELECTRIC COMPANY IN THE CITY OF THE COLONY, TEXAS, PROVIDING FOR SCHEDULES, CONDITIONS, SEVERABILITY; REPEAL OF CONFLICTING ORDINANCES. WHEREAS, on January 16, 1990, Texas Utilities Electric Company (TUEC) filed with the City of The Colony a request for an increase in electric utility rates to be charged within the City in the amount of approximately $442.4 million per annum; and WHEREAS, the City, having suspended the effective date of such proposed increase from February 20, 1990, and having considered the same at a public hearing, including the evidence and recommendations of the Cities' consultants is of the opinion and finds that the existing rates should not be adjusted; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. That the requested rates, tariffs, and charges of TUEC for electric power and energy sold within the City be in all respects denied. The Schedules of Rates, as are approved in accordance herewith, are those under which the Company was operating immediately prior to the request for increase filed on January 16, 1990. TUEC shall be authorized to render electric service and to collect charges from its customers for the sale of electric power and energy within the corporate limits of the City until such time as the current Rate Schedules may be changed, modified, amended, or withdrawn, with the approval of the City Council. Section 2. Notwithstanding any other provision herein contained, the rates of TUEC within the City of The Colony shall not, in any case, exceed the rates of customers of TUEC in unincorporated areas whether such rates for unincorporated areas are set prior to or after the adoption of this ordinance and it shall be unlawful for TUEC, its agents, servants or employees to collect or attempt to collect higher rates within the City of The Colony than are collected by TUEC within unincorporated areas. Section 3. That the action of the City Council of the City of The Colony enacting this Ordinance constitutes, on the date of its final passage, a final determination of rates for TUEC within the City of The Colony in accordance with Section 43(e) of the Public Utility Regulatory Act. Section 4. Nothing in this Ordinance contained shall be construed now or hereafter as limiting or modifying, in any manner, the right and power of the City under the law to regulate the rates and charges of TUEC. Section 5. That all Ordinances, Resolutions, or parts thereof, in conflict herewith are repealed to the extent of such conflict. PASSED AND APPROVED this the ~/~-day of May, 1990. Don AMY'S,- Mayor ~--- u ' "~---~ -- - ATTEST: Sharon E. Sebera, Deputy City Secretary IS E A mi APPROVED AS TO FORM: City Attorney