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HomeMy WebLinkAbout1112 05-25-1993ORDINANCE NO.1112 AN ORDINANCE REVISING THE RATES OF TEXAS UTILITIES ELECTRIC COMPANY IN THE CITY OF EULESS, TEXAS; PROVIDING FOR CONDITIONS AND REPEAL OF CONFLICTING ORDINANCES, A SEVERABILITY CLAUSE, A SAVING CLAUSE, AND AN EFFECTIVE DATE. WHEREAS, on January 22, 1993, Texas Utilities Electric Company (TUEC or Company) filed with the City of Euless, Texas, a request for an increase in electric utility rates to be charged within the City in the amount of $760,253,740 per annum on a system -wide basis; and WHEREAS, the City, having suspended the effective date of such proposed increase until May 27, 1993, and having considered the same after reasonable notice and public hearing, is of the opinion and finds that the rates of TUEC should be adjusted; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EULESS, TEXAS: I. That the rates, tariffs, and charges of TUEC for electric power and energy sold within the City be revised to increase annual revenues by $180,000,000 on a Texas retail basis. 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within the corporate limits of the City until such time as said Rate Schedules may be changed, modified, amended, or withdrawn, with the approval of the City Council. II. That the rates approved hereby fix the overall revenues of the Company at a level which will permit TUEC a reasonable opportunity to earn a reasonable return on its invested capital used and useful in rendering service to the public over and above the Company's reasonable and necessary operating expenses. The rates approved hereby are just and reasonable. III. That the rates approved hereby shall be effective and in force as of the date hereof for consumption as of the date hereof and shall be charged and observed thereafter until revised according to law. Billings for periods of consumption which include consumption both under the Company's existing rate and the rate established hereby shall be prorated, based on the days within each such period, as though daily consumption was equal on each day throughout both such periods. IV. That TUEC shall file with the City within ten (10) days hereof a revised Schedule of Rates and Tariffs setting forth those rates, tariffs, and charges based upon such increase in total operating revenues as prescribed herein. The rate design implemented by such schedules and tariffs shall be in accord with the existing rate design and shall reflect an equal base rate percentage increase across all customer classifications. Such Schedule of Rates and Tariffs may be modified or amended by the City Council within ten (10) days from the date of filing with the City, otherwise the same shall be considered approved as filed. a That any TUEC request for modification of existing tariffs, rates or schedules not specifically addressed herein, including, but not limited to, the closure of certain tariffs, is denied. VI. That notwithstanding any other provision herein contained, the rates of TUEC within the City of Euless, Texas, shall not, in any case, exceed the rates of customers of TUEC in unincorporated areas whether such rates for unincorporated areas are set prior to or after the adoption of this ordinance and it shall be unlawful for TUEC, its agents, servants or employees to collect or attempt to collect higher rates within the City of Euless, Texas, than are collected by TUEC within unincorporated areas. VII. That the action of the City Council of the City of Euless enacting this ordinance constitutes, on the date of its final passage, a final determination of rates for TUEC within the City of Euless, Texas, in accordance with Section 43(e) of the Public Utility Regulatory Act. VIII. That nothing contained in this ordinance 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 TUEC. IX. Severability Clause. That it is hereby declared to be the intention of the City Council that the sections, paragraphs, sentences, clauses and phrases of this ordinance are severable, and if any phrase, clause, sentence, paragraph or section of this ordinance shall be declared invalid or unconstitutional by the valid judgment or decree of any court of competent jurisdiction, such invalidity or unconstitutionality shall not affect any of the remaining phrases, clauses, sentences, paragraphs and sections of this ordinance, since the same would have been enacted by the City Council without the incorporation in this ordinance of any such invalid or unconstitutional phrase, clause, sentence, paragraph or section. ORDINANCE NO. 1112 , PAGE 2 X. Saving Clause. That the Code of Ordinances, City of Euless, Texas, as amended, shall remain in full force and effect, save and except as amended by this ordinance. XI. Effective Date. This ordinance shall be in full force and effect from and after its passage and publication as provided by the Euless City Charter and the laws of the State of Texas. PRESENTED AND GIVEN FIRST AND FINAL READING at a regular meeting of the Euless City Council on the 25th day of May, 1993; by a vote of 5 ayes, 1 nays and 0 abstentions. ATTEST;' r 116, 1 Su9an Crim, CMC, City S cr APPROVED AS TO FORM: City Attorney ORDINANCE N0. 1112_, PAGE 3 APPROVED: VL��LLC�� Harold BU Samuels, Mayor