2651 ORD REVISING FUEL ADJUSTMENT CLAUSE OF TX POWER AND LIGHT COMPANY IN COP

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ORDINANCE N0. 2651 AN ORDINANCE REVISING THE FUEL ADJUSTMENT CLAUSE OF TEXAS POWER AND LIGHT COMPANY IN THE CITY OF PARIS, TEXAS, PROVIDING FOR AN EFFECTIVE DATE FOR SUCH FUEL ADJUSTNIENT CLAUSE RATE SCHEDULE, AND PROVIDING CONDITIONS UNDER WHICH SUCH FUEL ADJUSTMENT CLAUSE RATE SCHEDULE MAY BE CHANGED, MODIFIED, AMENDED OR WITHDRAWN. WHEREAS, on July 29, 1982, the District Court of Travis County, Texas, 200th Judicial District entered a f inal judgment in f avor of various cities and cooperatives served by Texas Power and Light Company ("TP&L") and adverse to TP&L, a copy of which is attached hereto as Exhibit "I" and incorporated herein for all purposes; and WHEREAS, the District Court in said judgment ruled that the fuel adjustment clause used by TP&L and authorized by the Public Utility Commission of Texas does not meet the requirements of law; and, WHEREAS, the City finds that the judgment and all included findings and conclusions of the District Court shall be complied with in all regards, and said judgment is hereby adopted and approved; and WHEREAS, TP&L did, on December 9, 1981, file a proposed fuel cost factor tariff for service within the City of Paris ("City") to become effective January 13, 1982, the operation of which suspended extensionlbiy thereafter of the council o WHEREAS, the City, having considered the attached proposed modified fuel adjustment clause and procedure for approval of payments to affiliates finds that the modified fuel adjustment clause and procedure for approval of payment of affiliates should be approved and construed in accordance with the attached final judgment of the District Court; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS: l, That the fuel adjustment clause rate schedule of Texas Power and Light Comapny is hereby amended in accordance with Exhibit "II". Such Procedure is the one under which TP&L shall be authorized 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limits of the City until such time as said fuel adjustment clause rate schedule may be changed, modified, amended, or withdrawn, with the approval of the City Council. 2, Such fuel adjustment clause rate schedule, as same may be modified or amended, shall be effective fromando all after final passage of this ordinance and shall apply power and energy used by each customer after the final passage of this ordinance. 3. That the action of the City Council of the City of Paris, enacting this ordinance constitutes, on the date of its final passage, a final determination of the fuel adjust- ment clause rate of Texas Power and Light Company within the City of Paris in accordance with Section 43 (e) of the Public Utility Regulatory Act.