HomeMy WebLinkAboutORD 81-88 ORDINANCE NO. F1_ F
ENTITLED AN ORDINANCE APPROVING RATE SCHEDULES
TO BE CHARGED BY GULF STATES UTILITIES COMPANY
IN THE CITY OF BEAUMONT, 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WITHDRAWN.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 May 1 , 1981, Gulf States Utilities Company ( the
"Company" ) filed with the City of Beaumont ( "City" ) a request for an
increase in rates to be charged within the City in the amount of
approximately $131.5 million per annum on a Texas retail system-wide
basis, which would provide an increase of approximately 35 .2% in
total revenues and 58.9% in base rate revenues; and,
WHEREAS, the City, having suspended the effective date of
such proposed rate increase from June 5, 1981, and having considered
the same at a public hearing, is of the opinion and finds that an
increase in rates should be approved;
BE IT ORDAINED BY THE CITY OF BEAUMONT, TEXAS:
Section 1 .
That an increase in the rates, tariffs and charges of Gulf States
Utilities Company for electric power and energy sold within the City
be approved in an amount such that the adjusted total Texas retail
system-wide operating revenues for the Company be increased $48.9
million per annum, based on the adjusted test year ending December
31, 1980. 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modified, amended or withdrawn, with the approval of the City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 .
Section 2 .
That Gulf States Utilities Company shall, within ten ( 10)
days from the final passage of this Ordinance, file with the City
Attorney a revised Schedule of Rates and Tariffs setting forth those
rates, tariffs and charges based upon an increase in total operating
revenues as prescribed herein. Such Schedule of Rates and Tariffs
may be modified or amended by the City Council of the City of
Beaumont 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 sold to each
customer within the City after the final passage of this Ordinance.
Section 3 .
That the action of the City Council of the City of Beaumont
enacting this Ordinance constitutes, on the dateof its final passage,
a final determination of rates for Gulf States Utilities Company
within the City of Beaumont in accordance with Section 43(e) of the
Public Utility Regulatory Act.
Section 4 .
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
Gulf States Electric Company .
PASSED BY THE CITY COUNCIL of the City of Beaumont this the
day of _1 , 19 .
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