Ord 3245 10/18/1977 ORDINANCE NO. 3245
ORDINANCE APPROVING RATE SCHEDULES TO BE CHARGED
BY TEXAS ELECTRIC SERVICE COMPANY IN THE CITY OF
WICHITA FALLS, TEXAS, PROVIDING FOR AN EFFECTIVE
DATE FOR SUCH RATE SCHEDULES, PROVIDING CONDI-
TIONS UNDER WHICH SUCH RATE SCHEDULES MAY BE
CHANGED, MODIFIED, AMENDED OR WITHDRAWN, AND
DECLARING AN EMERGENCY.
WHEREAS, on June 29, 1977, Texas Electric Service Company
filed with the City Clerk a request for an increase in rates
to be charged within the City in the amount of $79, 052, 814. 00
per annum on a systemwide basis, an increase of approximately
23. 63 percent; and,
WHEREAS, the City, having suspended the effective date
of such proposed rate increase from August 3 , 1977, and having
considered the same at a public hearing, is of the opinion
and finds that an increase in rates should be approved.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. An increase in the rates, tariffs and charges
of Texas Electric Service Company for electric power and energy
sold within the City be approved in an amount such that the
adjusted total systemwide operating revenues for the Company
be increased $27, 855, 000. 00 per annum, based on the adjusted
test year ending March 31, 1977 , which constitutes an increase
of approximately 8. 33 percent. Such schedule of rates,
as are approved in accordance herewith, 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 corporate limits of the
City until such time as said Rate Schedules may be changed,
modified, amended or withdrawn, with the approval of the
Board of Aldermen of the City.
SECTION 2. Texas Electric Service Company shall, within
ten days from the passage of this ordinance, file with the City
Clerk a revised schedule of rates and tariffs setting forth
those rates, tariffs and charges based upon an increase in
total operating revenues as prescribed herein. Such schedule
of rates and tariffs may be modified or amended by the Board
of Aldermen of the City of Wichita Falls within twenty days
from the passage of this ordinance, otherwise, same shall be
considered approved as filed. Such Schedule of Rates and Tariffs,
as same may be modified or amended, shall be effective November
1, 1977 and shall be applied to all bills calculated from meter
readings on or after December 1, 1977.
SECTION 3. The action of the Board of Aldermen of the
City of Wichita Falls , Texas enacting this ordinance consti-
tutes, on the day of its passage ,a final determination of
rates for Texas Electric Service Company within the City of
Wichita Falls in accordance with Section 43 (e) of the Public
Utility Regulatory Act.
SECTION 4. Nothing in this ordinance contained shall
be construed now or hereafter as limiting or modifying, -
in any manner, the right and power of the City of Wichita
Falls under the law to regulate the rates and charges of
Texas Electric Service Company.
SECTION 5. The fact that a final determination of this
matter needs to be made prior to November 1, 1977 creates an
emergency, and this ordinance is declared to be an emergency
measure which shall become effective upon its passage.
PASSED AND APPROVED this the 18th day of October, 1977.
9yJ)4
Y O R17'14
ATTEST:
CITY CLERK
- 2 -
L