Loading...
HomeMy WebLinkAboutORD 80-81 u ORDINANCE ENTITLED AN ORDINANCE SUSPENDING THE PROPOSED RATE SCHEDULE OF ENTEX, INC . ; CALLING A PUBLIC HEARING THEREON; AUTHORIZING THE EMPLOYMENT AND PAYMENT OF CONSULTANTS AND ASSESSING THE EXPENSES OF THIS PROCEEDING AGAINST ENTEX , INC . WHEREAS, on August 7 , 1980 , Entex, Inc. filed its Statement of Intent to change rates for natural gas service to residential and small commercial customers within the City of Beaumont effective September 11 , 1980 ; and, WHEREAS, Entex, Inc. states that the proposed rate change will increase its annual revenues in Beaumont approximately $1 ,862,813 ; and, WHEREAS, the City Council believes that such increase is so substantial as to require a public hearing and careful review by the City Council before becoming effective; and, WHEREAS, in order to study thoroughly the proposed change, the City Council believes that additional time is required beyond the proposed effective date of the change; NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF BEAUMONT: Section 1 . That, pending hearing and decision by the City Council , the effective date of the proposed change in the rates of Entex, Inc. within the City of Beaumont, is hereby suspended from September 11 , 1980 to January 9 , 1981 . Section 2. That the City Council shall hold a public hearing on the proposed rate change at 2: 00 p.m. , Tuesday , October 7, 1980, in the City Council Chambers, City Hall, Beaumont, Texas. Section 3 . That the City Attorney is authorized and directed to employ the firm of Touche, Ross & Company to review the proposed rate increase and to pay said firm for its services an amount not to exceed $20,000. Section 4 . That the costs of consultant services and other expenses incurred by the City of Beaumont in connection with the review of the proposed rate increase are assessed against Entex, Inc. pursuant to Section 24 of the Public Utility Regulatory Act, TEX.CIV.STAT.ANN. art. 1446c ( 1975) . Section 5 . That the City Clerk is hereby directed to serve a certified copy of this ordinance upon the local manager of Entex, Inc. Section 6 . That if any section, subsection, sentence, phrase or clause of this ordinance, or the application of same to a particular set of persons or circumstances, should for any reason be held to be invalid, such invalidity shall not affect the remaining portions of this ordinance, and to such end the various portions and provisions of this ordinance are declared to be severable. PASSED BY THE CITY COUNCIL of the City of Beaumont this the A7 day of f- , 1980. Mayor - 2 -