HomeMy WebLinkAboutO-359-9-81ORDINANCE NO. 359
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, APPROVING RATE SCHEDULES TO BE CHARGED BY TEXAS
POWER & LIGHT COMPANY IN THE CITY OF ALLEN, 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OR WITHDRAWN.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 March 6, 1981, Texas Power & Light Company
("Company") filed with the City of Allen ("City") a request
for an increase in rates to be charged within the City in the
amount of approximately $198 million per annum on a system -wide
basis, an increase of approximately 20.3% in total revenues and
32.94% in base rate revenues, and
WHEREAS, the City, having suspended the effective date of
such proposed rate increase from April 10, 1981, and having con-
sidered the same at a public hearing, is of the opinion and finds
that an increase in rates should be approved.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF ALLEN, TEXAS:
Section 1. That an increase in the rates, tariffs and
charges of Texas Power & Light Company for electric power and
energy sold within the City be approved in an amount such that
the adjusted total system -wide operating revenues for the Company
be increased $57,082,841 per annum, based on the adjusted test
year ending December 31, 1980, which constitutes an increase of
approximately 5.61% in total revenues and 9.22%.in-,;base rate
revenues. 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 cus-
tomers 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may be changed, modified, amended or withdrawn, with the approval
of the City Council.
Section 2. That Texas Power & Light Company shall, within
ten (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
Ordinance No. 359 Page 2
operating revenues as prescribed herein. Such Schedule of Rates
and Tariffs may be modified or amended by the City Council of the
City of Allen within twenty (20) days from the final passage of
this Ordinance, otherwise, same shall be considered approved as
filed. Such Schedule 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. Pro-
vided, the rates approved hereby shall not be effective prior to
the time the Company shall have put the rate increase resulting
from all other cases filed simultaneously herewith into effect
throughout its system.
Section 3. That such schedule of rates and tariffs shall
comply with all applicable statutory requirements. Provided,
pending resolution of certain litigation in the District Court
of Travis County, no specific limitation is imposed at this time
upon amounts attributable to transactions with affiliates, or any
increases in such amounts, which may be included in rates under
the terms of any automatic adjustment clause. Upon resolution
of such litigation, through judgment entered therein, this
ordinance may be amended to reflect any action of the court in
such regard.
Section 4. That the action of the City Council of the City
of Allen enacting this Ordinance constitutes, on the date of its
final passage, a final determination of rates for Texas Power &
Light Company within the City of Allen in accordance with
Section 43(e) of the Public Utility Regulatory Act.
Section 5. 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 Power & Light Company.
Section 6. That the Service Regulations of Texas Power &
Light Company filed with the City Secretary on March 6, 1981, be,
and:-, the same are hereby approved.
Ordinance No. 359
Page 3
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
ALLEN, TEXAS, ON THIS THE 3rd DAY OF SEPTEMBER , 1981.
ATTEST:
Marty Hendrix CITY SECRETARY
M. B. Pierson, MAYOR