2116 RES CITY COUNCIL IN RES NO 2086 ON 13TH DAY OF APRIL 1981RESOLUTION N0. 2116
WHEREAS, the City Council of the City of Paris did in
Resolution No. 2086, on the 13th day of April, 1981, suspend
the schedule of rates filed by Texas Power & Light Company
on March 6, 1981, such suspension was for a period of 120
days from April 11, 1981; a nd,
WHEREAS, it is deemed to be in the best interest of the
citizens of Paris that such schedule of rates be suspended
for an additional period of 30 days in order that the City
Council can determine what, if any, action should be taken
with regard to limiting the automatic adjustment, which
becomes a part of the rate payers bill, and to receive and
review the action taken by the Public Utility Commission of
Texas with regard to this rate in Docket No. 3780; and,
WHEREAS, a copy of this resolution has been provided
Texas Power & Light Company prior to its consideration by
the City Council of the City of Paris; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PARIS, That pursuant to Section 43(d) of the Public Utility
Regulatory Act, that the operation of the Texas Power &
Light Company's proposed rate schedules filed with the City
of Paris, Paris, Texas, on the 6th day of March, 1981, be,
and the same is hereby suspended for an additional period
of 30 days for further study,and receipt and examination of
the Public Utility Commission's Order entered on the 4th day
of August, 1981.
Passed and adopted this 5th day of August, 1981.
i y Burhett, Mayor
ATTEST:
~
H. C. G eene, ftity Clerk
APPROVED AS TO FORM:
~
T. K. ayn , City Attorney
BOND
STATE OF TEXAS ~
KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF DALLAS ~
That Texas Power & Light Company (herein called "TP&L" a corpor-
ation organized and existing under the laws of the State of Texas and
a public utility as that term is defined in the Public Utility Regula-
tory Act, Article 1446c, Revised Civil Statutes of Texas, is held and
firmly bound unto the City of Paris , Texas (herein called
"City"), a municipal corporation of Lamar , County, Texas.
The condition of this obligation is such that:
WHEREAS, on the 6th day of March, 1981, TP&L filed with the
Governimg Body of said City its Statement of Intent to change electric
rates charged by TP&L to its customers within said City, and the City
having not made its final determination of rates within 90 days from
April 10, 1981, the date that the proposed change otherwise would have
gone into effect, TP&L will put into effect changed rates, which changed
rates will not exceed the rates proposed on March 6, 19$1, upon
condition that TP&L shall refund or credit against future bills of its
customers in the City all sums collected during the period of suspension
in excess of the rates finally ordered plus interest at the current rate
as finally determined;
NOW, THEREFORE, if TP&L shall refund or credit against future bills
of its customers in the City all sums, if any, collected pursuant to such
changed rates during the period of suspension in excess of the rates
finally ordered plus interest at the current rate as finally determined,
or if it is determined that TP&L has collected no sums in excess of the
rates finally ordered, then in such event this obligation shall be null
and void; otherwise to remain in full force and effect.
EXECUTED this 29th day of July , A.D., 1981.
TEXAS POWER & LIGHT COMPANY
By ~
ice President
ATTEST:
~
'.s~t3TANf' c r e t a r y