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HomeMy WebLinkAbout78-432 05-23-1978RESOLUTION 432 WHEREAS, Texas Power & Light Company, the franchisee for electrical utility service to the City of Euless, Texas, has applied to the City of Euless, Texas, for a rate increase, and WHEREAS, pursuant to the provisions of Section 43 of the Texas' Public Utility Regulatory Act, the Euless City Council, by appropriate Resolution and after hearing and notice as required by such Act, did stay the implementation of such rate increase for a period of one - hundred and twenty (120) days, and WHEREAS, pursuant to Section 43 of such Act, it'is the desire of the governing body of the City of Euless, Texas, after appropriate notice to such utility, to additionally stay and suspend the implementation of such rate increase for an additional thirty (30) days for the purpose of allowing additional time for the compilation and review of data necessary to properly evaluate and determine such request. NOW, THEREFORE, be it resolved by the City Council of the City of Euless, Texas, in regular session, duly convened, that the pending rate increase request of Texas Power & Light be and the same is hereby extended for an additional thirty (30) days for a total of one hundred and fifty (150) days beyond the date on which the schedule of rates would otherwise have gone into effect for the purpose of allowing additional time for the evaluation of such rate increase request and to compile data necessary for a proper evaluation of same. ADOPTED by the City Council of Euless, Texas, at a regularly scheduled meeting on this the 23rd day of May, 1978, by a vote of 5 Ayes, 0 Nays and 0 Abstentions. ATTEST: Della Houy, City Secr APPROVED: 427<g714444d4/ Harold Samuels, Mayor