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HomeMy WebLinkAboutORD 1127 - ORD Rescinding ORD 1123 Approving Rates Charged by Houston Light , I ~ll!.l!l!1'ILJ...'J.. .Ulllllilllll1"1J LLI 1 I 11 t~~''''6Q ,," - ~r'l- "" - { 00'0' ';1, ~. ORDINANCE NUMaER 1127 AN ORDINANCE RESCINDING ORDINANCE NO. 1123; PRESCRIBING AND APPROVING RATES TO BE CHARGED BY HOUSTON" LIGHTING. & POWER COMPANY IN THE CITY OF WEST UNIVERSITY PLACE" TEXAS; PROVIDING FOR AN EFFECTIVE DATE FOR SUCH RATE SCHEDULES; PROVIDING CONDITIONS UNDER WHICH SUCH RATE SHCEDULES MAY BE CHANGED, MODIFIED, AMENDED OR WITHDRAWN; CONTAINING FINDINGS AND PROVISIONS RELATED TO THE SUBJEC'r; REPEALING ANY OTHER ORDINANCE OR PART OR PARTS THEREOF WHICH MAY BE IN CONFLICT HEREWITH; AND DECLARING AN EMERGENCY. u WHEREAS, the City Commission finds that the rates established in Ordi- nance No.' 1123 should be, and are hereby, rescinded., WHEREAS, on July 14, 1978, Houston 'Lighting & Power Company filed with the City of West University Place a request for an increase in rates to be charged within the City in the amount of $174.9 million per annum on a system- wide basis, an increase of approximately 12.6%; and WHEREAS, the City suspended the effective date of such proposed rate increase for 120 days beyond August '21, 1978; and WHEREAS, the City Commission having considered the Company's rate in- crease at a public hearing is of the, opinion that such request is excessive; and n u WHEREAS, the Commission is of the op1n1on that a lesser increase in rates should be approved for the Company; and WHEREAS, the City Commission finds that the total increase:approved by the Public Utility Commission in its Final Order in Docket No. 2001, in an ap- proximate amount of $56,,000,000 will provide revenues that are adequate to the Company and will result in rates that are just and reasonable to both customers and the Company. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: Section 1. That Ordinance No. 1123, passed and approved by the City Commission on December 4, 1978, be, and it is hereby, rescinded. Section 2. That an increase in the rates of Houston Lighting & Power Company for electric power and energy sold within the City of West University Place be approved identical to those rate schedules filed with and approved by ,the Public Utility Commission pursuant to the Final Order in Docket No. 2001, but shall not be in excess of rates finally approved by the Public Utility Commission for any other municipality pursuant to the rate filing of HL&P of July 14, 1978, which revised and approved rates shall be charged by Houston Lighting & Power Company for electricity consumed after the date of filing with the City and may not be charged for electricity consumed prior to such date. Such rates, as are appr~ved in accordance herewith, are those under lJ , o,q~nQ~3<, which said Company shall be authorized to render electric service a~t f~e{l9il collect charges from its customers for the sale of electric power and energy within the corporate limits of the City of West University Place, until such time as said rate schedules may be changed, modified, amended, or withdrawn, with the approval of the City Commission. Section 3. That the Comp~ny shall, within 10 days from the final pas- sage 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 revenues as ,prescribed herein. ,Such Schedule of Rates and Tariffs may be modified or amended by the City Commi.ssion within 10 days from the date of filing, otherwise same shall be :coriside.red:approved 'as <~filed ~,. Said rates, as approved, shall be effective from and after final passage of this ordinance and shall apply to each customer of the Company within the City of West University Place ,from and after each such customer's first regular meter reading following the effective date of this ordinance. , , Section 4. That the Schedules of Rates and Tariffs shall be subject to a monthly adjustment for changes in fuel cost calculated accordi~g to the formula present~y in effect. That the monthly adjustment for changes in cost of service shall be discontinued. II " I, I" i! Section 5. That the action of the City Commission, of the City of West University Place enacting this ordinance constituteson':the'.date of:',:tts:fi.nal passage, a final determination of rates for. sale of electric power and energy by Houston Light~ng & Power Company within the City of West University Place in accordance with Section 43(f) of'the,Public Utility Regulatory Act. Section 6. Nothing contained'.in this ordinance shall be constru...ed now or hereafter as limiting or mOf' fying, in any manner, the right and power of the City under the law to regul e the rates and charges of Houston Light- ing and Power Company. ' , PASSED AND APPROVED this ,14th day of December, ~978,: Commissioners Voting Aye: All Commissioners Voting No: None .~ ~ h a~-- Mayor' , ATTEST: oeL~ ~~a-tJ_____ City Secretary r lill , , I'., l-n I Jill' 1'.11'. I \-11111 I'Wiii7tl""'" . I'