HomeMy Public PortalAboutOrdinance No. 425-97 09-17-1979 ORDINANCE NO.
AN ORDINANCE APPROVING RATE SCHEDULES TO BE CHARGED BY TEXAS ELECTRIC
SERVICE COP4PANY IN THE CITY OF RICHLAND HILLS, TEXAS, PROVIDING FOR
AN EFFECTIVE DATE FOR SUCH RATE SCHEDULES, AND PROVIDING CONDITIONS
UNDER WHICH SUCH RATE SCHEDULES MAY BE CHANGED, MODIFIED, AMENDED OR
WITHDRAWN.
WHEREAS, on May 17, 1979, Texas Electric Service Company filed
with the City of Richland Hills a request for an increase in rates
to be charged within the City in the amount of approximately $87 mill-
ion per annum on a systemwide basis, an increase of approximately
16.10; and
WHEREAS, the City having suspended the effective date of such
proposed rate increase from June 21, 1979, and having considered the
same at a public hearing, is of the opinion and finds that an increase
in rates should be approved.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS,
TEXAS:
SECTION l: That an increase in the rates, tariffs and charges
of Texas Electric Service Company for electric power and energy sold
within the City be approved in an amount such that the adjusted total
• systemwide operating revenues for the Company be increased $14,558,000
per annum, based on the adjusted test year ending March 31, 1979,
which constitutes an increase of approximately 2.74. Such Schedule
of Rates, as are approved in accordance herewith, are those under
which said Company 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 said Rate Schedules may be changed, modified, amended or with-
drawn, with the approval of the City Council.
SECTION 2: That Texas Electric Service company shall, within
10 days from the final passage of this Ordinance, file with the City
a revised Schedule of Rates and Tariffs setting forth those rates,
tariffs and charges based upon an increase in total operating rev-
enues as prescribed herein. Such Schedule of Rates and Tariffs
may be modified or amended by the City Council of the City of Rich-
land Hills within 20 days from the final passage of this Ordinance,
otherwise, same shall be considered approved as filed. Such Sched-
ule of Rates and Tariffs, as same may be modified or amended, shall
be effective from and after final passage of this Ordinance and shall
apply to all power and energy used by each customer after the final
passage of this Ordinance.
• SECTION 3: That the act-on of the City Council of the City of
Richland Hills enacting this Ordinance constitutes, on the date of its
final passage, a final determination of rates for Texas Electric
Service Company within the City of Richland Hills 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 Texas Electric Service Company.
PASSED AND APPROVED at a Regular Meeting of the c.~
of the of ~~'exas , this the ~ day of ,
199.
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ATTEST:
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City S etary
(CITY SEAL)
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