HomeMy WebLinkAboutOrdinance No. 274-E ORDINANCE NO. � '/�,L�
AN ORDINANCE DENYING THE APPLICATION AND REQUEST OF
COMMUNITY PUBLIC SERVIC� COMPANY r OR AN INCREASE IN
THE RATES IT IS AUTHORIZED TO CHAR.GE F+OR ELECTRi�ITY
FURNISHED BY IT TO RESID�NTIAL AND COMMERCIAL US�RS
IN TH� CITY OF FRIENDSWOOD, TEXAS; AND PP�OVIDING THAT
THIS ORDINANCE SHALL BE ENACTED AS AN EMERGENCY OR-
DINANCE.
.,,
WHEREAS, on September 13, 1976, Community Public Service
Company submitted to the City Council of the City of Friendswood, Texas,
a schedule of rates ior electricity p:ovided by such Company �o residential
and comrnercial users in the City of Friendswood and requested such City
Council to adopt such schedule of rates by ordinance; and
WHEREAS, in response to such request, such schedule of rates was
duly adopted by City of Friendswood Ordinance No. 262, finally passed
on October 4, 1976; and
WHEREAS, on December 16, 1976, Cornmunity Public Service
Company filed with the City Council another request for an increase in its
rates and charges for electricity furnished by it to residential and com-
mercial users in the City of Fri.endswood; and
WHEREAS, after investigation and hearing, i� is the opinion of �he
City Council that the increased rates last requested by Community Public
Service Company are not justified and that its present rates are sufficient
to provide it with a fair return on the adjusted value of its invested capital
used and useful in providing its service; now therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD,
STATE OF TEXAS:
Sec�ion l. The reques� of Community Public Service Company for an
increase in its rates for electricity provided by it to residen�ial and com-
mercial users in the City of Friendswood, Texas, as evidenced by the rate
package filed by such Company with the City Council on December 16, 1976,
�
is denied.
� Section 2. The fact that Community Public Service Company has
indicated its intention to place into effect the increased rates denied herein
creates an emergency and an urgent public necessity requiring that this
ordinance denying such request for increase rates be enacted as an
emergency ordinance, as authorized by Section 3. 12 of the Charter of
the City of Friendswood, Texas.
PASSED, APPROVED, AND ENACTED AS AN EMERGENCY
MEASURE this�?���day of April, 1977.
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' APPROVED AS TO FORM:
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City Attorney
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