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Ord. 0435 11-23-81ORDINANCE NO. 435 AN ORDINANCE REQUIRING THE HOUSTON LIGHTING & POWER COMPANY TO FILE MODIFIED RATE SCHEDULES TO BE CHARGED IN THE CITY OF PEARLAND, TEXAS; PROVIDING FOR AN EFFEC- TIVE DATE FOR SUCH RATE SCHEDULES; PROVIDING CONDITIONS UNDER WHICH SUCH RATE SCHEDULES MAY BE CHANGED,MODIFIED, AMENDED OR WITHDRAWN; CONTAINING FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; REPEALING ANY OTHER ORDINANCE OR PART OR PARTS THEREOF WHICH MAY BE IN CONFLICT HEREWITH: WHEREAS, on July 6, 1981, Houston Lighting (HL&P) filed with the City of Pearland a request for rates to be charged within the City in the amount of per year on a system -wide basis; and WHEREAS, the City suspended the effective date of such pro- posed rate increase for 120 days beyond August 10, 1981; and WHEREAS, the City Council, having reviewed the Company's rate filing package and supporting testimony as well as the Final Order of October 15, 1981 of the Public Utility. Commission of Texas regarding the same rate application in Docket No. 3955, is of the opinion that a lesser increase in rates should be approved by HL&P; and approved that are just and & Power Company an increase in $248 million WHEREAS, the City Council finds that the total increase by the Final Order in Docket No. 3955 will provide revenues adequate to the Company and will result in rates that are reasonable to both customers and the Company; BE IT NOW, THEREFORE, ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND: Section 1. That the City Council of the City of Pearland orders the Houston Lighting & Power Company to file rate schedules to be effective within the City of Pearland identical to those rate schedules filed with and approved by the Public Utility Commission of Texas pursuant to the Commission's Final Order in Docket No. 3955. Section 2. The rates set forth on such rate schedules are those under which said Company shall be authorized to render electric service and to collect charges from its customers for the sale of electric power and energy within the City of Pearland until such time as said rate schedules may be changed, modified, amended or withdrawn as provided by law, but shall not be in excess of rates approved by the Public Utility Commission for any other municipality pursuant to the rate filing of HL&P on July 6, 1981. Section 3. The rate schedules filed by Houston Lighting & Power Company shall be effective from and after final passage of this ordinance and shall apply to each customer of HL&P within the City of Pearland for electricity consumed after the date of filing with the City, and may not be charged for electricity consumed prior to such date. Section 4. That this ordinance constitutes the final action of the City Council of the City of Pearland in determining the rates for sale of electric power and energy by Houston Lighting & Power Company within the City of Pearland in accordance with Section 43 (f) of the Public Utility Regulatory Act. PASSED AND APPROVED ON FIRST READING this ATTEST: n City Secretar A.3 ATTEST: arnif 7 day of Mayor, City of Pearland, Texas PASSED AND APPROVED ON SECOND"�AND FINAL READING this T/ day of )o-z.�--, "- 42-41. D., 1981. City Secretary, OnlY Mayor, City of Pearland, Texas