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O-82-942 - 2/25/1982ORDINANCE NO. AN ORDINANCE SUSPENDING THE EFFECTIVE DATE OF PROPOSED REVISIONS OF RATES AND SCHEDULES OF TEXAS POWER & LIGHT COMPANY, PROVIDING THAT THE RATES OF SUCH COMPANY SHALL CONTINUE UNCHANGED DURING THE PERIOD OF SUSPENSION, APPROVING RATE SCHEDULES AND SERVICE REGULATIONS FOR TEXAS POWER & LIGHT COMPANY, PROVIDING AN EFFECTIVE DATE THEREFOR AND PRESERVING THE RIGHT TO IMPLEMENT CHANGED RATES UNDER BOND PRIOR TO SAID EFFECTIVE DATE, AND FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS ORDINANCE IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW, AND DECLARING AN EMERGENCY. _BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: SECTION 1: On February 12, 1982, Texas Power & Light Company filed with the City and simultaneously with the Public Utility Commission of Texas a Petition for Authority to Change Rates and Statement of Intent with proposed changes in the schedule of rates and charges of said Company. The effective date of such proposed changes in rates and charges is hereby suspended, except as hereinafter provided, for a period of 120 days from March 19, 1982. SECTION 2: The rates of Texas Power & Light Company for electric service within the City in effect on February 12, 1982, shall continue in force during the period of suspension as provided in Section 1. SECTION 3: The rates, tariffs and charges and service regulations of Texas Power & Light Company approved and set by the Public Utility Commission of Texas pursuant to the Petition for.Authority to Change Rates filed by said Company with the Public Utility Commission of Texas on February 12, 1982, are hereby approved as the schedule of rates and charges and service regulations under which said Company is authorized to render service and 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limits of the City until such time as said rate schedules and service regulations may be changed, modified, amended or withdrawn with the approval of the City Council. SECTION 4: The aforesaid schedule of rates and service regulations herein approved shall be effective from and after the date the Public Utility Commission of Texas orders new rates effective for Texas Power & Light Company in the aforesaid proceeding, provided that nothing herein shall preclude Texas Power & Light Company from implementing changed rates under bond, subject to refund, upon compliance with Section 43(e) of the Public Utility Regulatory Act in the event that the Public Utility Commission of Texas fails to order new rates effective within 90 days from March 19, 1982. SECTION 5: The filing of the rate schedules and service regulations, and the approval of same by the City Council, in the manner herein provided, shall constitute notice to the consumers of electricity, within the City, of the availability and application of such rate schedules and service regulations. SECTION 6: That it is hereby officially found and determined that the meeting at which this Ordinance is passed is open to the public and as required by law and that public notice of the time, place and purpose of said meeting was given as required. SECTION 7: That an emergency exists necessitating the suspension of any rule requiring multiple readings of this Ordinance and all multiple readings of this Ordinance are hereby waived; this Ordinance shall take effect immediately upon its passage. PASSED AND APPROVED at a Regular Meeting of City of Round Rock, Texas, on this the 25 day of Feb ST: y Secretary APPROVED AS TO FORM AND LEGALITY: City Attorney City Co , 1982 of the MAYOR