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HomeMy WebLinkAboutResolution No. 06-040 CITY OF THE COLONY, TEXAS RESOLUTION NO. 06-~ A RESOLUTION OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING THE CONTINUANCE OF A TEMPORARY FUEL SURCHARGE OF TWENTY-FIVE CENTS PER HOUSEHOLD PER MONTH BY IESI; THAT THE SURCHARGE WAS APPROVED BY CITY COUNCIL ON NOVEMBER 7, 2005 AND EXPIRES ON APRIL 31, 2006; THAT THE CONTINUANCE OF THE FUEL SURCHARGE IS APPROVED UNTIL THE AVERAGE PRICE OF DIESEL FUEL FOR ANY FOUR CONSECUTIVE WEEKS DROPS BELOW $2.00 PER GALLON; PROVIDING AN EFFECTIVE DATE NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. That the City Council of the City of The Colony, Texas approved a temporary fuel surcharge for IESI on November 7,2005. Section 2. That City Council Resolution 05-105 authorizing the temporary fuel surcharge to expires on April 31, 2006. Section 3. That the City Council hereby approves the continuance of the temporary fuel surcharge of twenty-five cents per household per month until the average price of fuel for any four consecutive weeks drops below $2.00 per gallon. .Section 4. That this resolution shall take effect immediately from and after its passage. PASSED AND APPROVED by the City Council of the City of The Colony, Texas, this 17th day of April 2006. ATTEST: ~lY3<C'Gt~ ?-11f/7T#E4./ Z> Dc ^,r'~'\./ ~ illard, Mayor The Colony, Texas