1999-005-ORD APPROVE RATE SCHEDULES FOR TEXAS UTILITIES ELECTRIC COMPANY

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ORDINANCE NO. --99-:: 005 AN ORDINANCE APPROVING RATE SCHEDULES FOR TEXAS UTILITIES ELECTRIC COMPANY; PROVIDING CONDITIONS UNDER WHICH SUCH RATE SCHEDULES MAYBE CHANGED, MODIFIED, AMENDED OR WITHDRAWN; FINDING AND DETERMINING THAT THE MEETING AT WIDCH THIS ORDINANCE IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; AND PROVIDING FOR AN EFFECTIVE DATE OF FEBRUARY 8,1999. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS: Section 1. On January 15, 1999, Texas Utilities Electric Company (hereinafter referred to an "TU Electric") filed with the Governing Body of this municipality a Statement of Intent and Application to implement within the corporate limits of this municipality proposed new rate schedules that provide additional rate options for its customers, which options are entirely voluntary on the part of the customer, namely its proposed Rate GTU-M - General Service Time- of-Use-Municipality, proposed Rate RTU1-M - Residential Time-of-Use Service-Municipality, and proposed Rate GTUC-M - General Service Time-of-Use Voluntary Curtailable-Municipality (said three proposed new rate schedules hereinafter collectively referred to as the "Time-of-Use Rate Schedules"). Section 2. The Time-of-Use Rate Schedules are hereby approved, and TU Electric is authorized to render service and to collect charges as specified in the Time-of-Use Rate Schedules from its customers electing to receive electric service under said Time-of-Use Rate Schedules within the corporate limits of this municipality until such time as said rate schedules may be changed, modified, amended, or withdrawn with the approval of the Governing Body of this municipality . Section 3. The Time-of-Use Rate Schedules herein approved shall be effective from and after the final passage and approval of this Ordinance. Section 4. The filing of said Time-of-Use Rate Schedules shall constitute notice to the consumers of electricity within this municipality of the availability and application of such Time- of-Use Rate Schedules. Section 5. TU Electric shall not seek any additional rate or surcharge mechanism to recover any revenues lost on account of the application of these time-of-use rates, and there shall be no imputed revenues on account of any reduction in TU Electric's revenues that may result from the application of these time-of-use rates. Section 6. The rate reductions approved by the Public Utility Commission of Texas in Docket No. 18490 shall be applied to the time-of-use rates approved herein, such that Rider RRD shall be applicable to Rate RTU1-M, Rider GSRD shall be applied to all customers taking secondary service under either Rate GTU-M designated as Rate GTU-M-SEC or under Rate