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O-158-11-73ORDINANCE N0. ;'z:. An Ordinance approving certain Rate Schedules filed by Texas Power Light Compaq in the City of Allen, Texas, and providing conditions under which such Rate Schedules may be changed, modified, amended or withdrawn: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF AL;_;?, TELES: SECTION le That Teras Power & Light Company, having filed on the 9th day of November, 1973, its Rate Book No. W-74-50, con- taining a set of electric Rate Schedules and the Service Regulations referred to therein, with the City Secretary, the same aro hereby approved as Schedules of Rates and Service Regulations under which said Company is authorized to collect charges from its customers for the sale of electric power and energy within the corporate limits of the City until such ties as said Rate Schedules and Service Regulations may be changed, modified, amended or withdrawn, with the approval of the Cita Council. SECTION 2: The filing of the Rate Schedules and Service Regulations, and the approval of same by the City Council, in the manner herein provided shall constitute notice to the con- sumers of electricit8 within the City, of the availability and application of such Rate Schedules and Service Regulations. a.CTIO'I 3: Such Rate Schedules and Service Regulations, shall become effective and shall be in full force and effective March 1, 1974 and shall apply to all biL's rendered after February 28, 1974. PASSED AID) APPROVED at a Regular meeting of the City Council of Allen, Texas, this the 15th day of November, 1973. i VORM ]SA 10-71 TEXAS POWER & LIGHT COMPANY COPY November 15, 1973 TO THE 110'MOLE MAYOR AND CITY OOUICILME'J OF Tri CITY OF ALLEI, Mks Gentlemen, Under the terms of its franchise, and or letter agreement, heretofore granted by the City of Allen, Terns Power 1, Light Company is required to pay to the City as street rentals two per cent (2%) of its annual gross revenues from the sale of electric power and energy. Effective March 1, 1974, Texas Power 4 Light Compare agrees to increase to three per cent (3%) of its annual gross revenues from the sale of electric power and energy, the amount paid to the City of Allen as street rentals; such increased rate for the current year to be computed only on bills rendered by the Company to its customers after February 28, 1974. Please acknowledge your receipt of this letter and your agreement to this increase by signing in the space provided below. TEEAS POWER & LIGHT WMPANr Received and agreed to We 1� Aq of ZlA/" THE CITY OF r R E S O L D T 1 0 N R93OLVM by the City Council of the Cita of Allen, Tawas, that the letter agreement dated the 15th day of November, 1973, by and between ?texas Power & IAght Company and the City of Allen, increasing the amount of street rentals paid by Texas Power ?-. Light Company to the City of Allen to three per cant (3b) of it€ annual groas electric re-renuea be, and the same is hereby, approved. PASSED AND APPROVED at a regular meeting of the City Council of the City of Allen, Texas, this 15th day of November, 1973. ?LTOR r ATf=s n( City Secretary