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HomeMy WebLinkAboutOrdinance No. 94-17 • • /'�`� � vRDINANCE NO. 94-17 AN ORDINANCE OF Tf� CITY OF FRIENDSWOOD, TEXAS, FINDING THAT THE EXISTING RATES OF HOUSTON LIGHTING & POWER COMPANY FOR $LECTRIC UTILITY SERVICES WITHIN THE CITY ARE UNREASONABLE; ESTABLISHING JUST AND REASONABLE RATSS TO BE OBSERVED AND IN FORCE WITHIN Tf� CITY; PROVIDING FOR RATE REDUCTIDPTS; PROVIDING THAT THIS ORDINANCE HE SERVED ON HOUSTON LIGHTING & POWER COMPANY; PROVIDING FOR THE REIMBURSBMSNT OF RATEMARING EXPENSES; PRESERVING REGULATORY RIGHTS OF CITY; MAKING CERTAIN FINDINGS; AND PROVIDING FOR REPEAL OF ALL ORDINANCES OR PARTS OF ORDINANCES INCONSISTENT OR IN CONFLICT HEREWITH * * * * * * * * * * * * * * * WIiERF.�►S, the City of Friendswood, Texas, acting as a regulatory authority, pursuant to the Public Utility Regulatory TEX. REV. CIV. STAT. ANN. art. 1446(c) , conducted a hearing on the 17th day of October, 1994, for the purpose of determining the reasonableness of rates charged by Houston Lighting and Power Company ( "HL&P" ) for electric utility services within the City; and WHEREAS, reasonable and lawful notice of such hearing was given in accordance with applicable law; and WHEREAS, after considering the evidence presented at such hearing the City Council has found and determined, on it own motion, that the existing rates charged by HL&P for electric utility services within the City are unreasonable; and WHEREAS, the City Council does hereby further find and determine that such rates should be decreased and just and reasonable rates be established; NOW THEREFORE BE IT ORDAINED BY TI� CITY COUNCIL OF T!� CITY OF FRIENDWOOD, TEXAS. Section 1. The facts and matters set forth in the preamble of this Ordinance are hereby found to be true and correct. . • /"� � Section 2. The existing rates of HL&P are hereby found to be unreasonable and shall be decreased to reflect the reductions hereinafter ordered. The rates resulting from such reductions and credits are hereby determined to be the just and reasonable rates to be observed and in force within the City. Section 3. It is hereby ordered that the base rates of HL&P for electric power and energy sold within the City be decreased by the amount of $147,112,000 per annum on a Texas retail system-wide basis, based on a test year ending December 31, 1993 . Such base rate decrease shall be implemented on an accross-the-board basis so that the base rate for all customer classes and each component thereof are reduced by the same percentage amount. Section 4. HL&P shall file with the City, no later than the effective date of the rate reduction ordered herein, revised Schedules of Rates and Tariffs, together with rate design workpapers and supporting data as requested, setting forth those rates, tariffs, and charges based upon such decreases and credits a prescribed herein. Such Schedule of Rates and Tariffs may be modified or amended by the City to comply with the provisians hereof within ten (10) days from the date of filing with the City, atherwise the same shall be considered approved as filed. Section 5. The rate reduction ordered herein shall become effective thirty (30) days after the effective date of this Ordinance. Section 6. The City finds that $106 ,912. �7 of expenses incurred through September 30, 1994, for attorneys and rate consultants selected and engaged by the Gulf Coast Coalition of Cities, of which City is a member, to conduct investigations, present evidence, advise, and represent the City, and reasonable. HL&P shall reimburse the City its proportionate share of these expenses by paying such amounts to the Gulf Coast Coalition of Cities, through its designated agent, within twenty ( 20) days of the date of adoption of this ordinance. Section 7. This Ordinance shall be served an HL&P by certified U.S. mail, return receipt requested. - 2 - ord. 94-17 • • /"\ /'� Section 8. 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 law to regulate the rates and charges of HL&P. Section 9. All Ordinance, resolutions, or part thereof, inconsistent or in conflict herewith are, to the extent of any such inconsistency or conflict, hereby repealed. PASSED AND APPROVED on first reading this 7th day of November, 1994. PASSED, APPRO�VED, AND ADOPTSD on second and final reading this 21st day of November, 1994. Mayor vely . Newman ATTEST; . F Deloris McKenz e, RMC City Secretary Reviewed and approved to form by: ��• Jo n Olson City Attorney - 3 - ord. 94-17.doc