Loading...
Res 2287 2/6/1979RESOLUTION NO. 04V7 RESOLUTION SUSPENDING THE OPERATION OF LONE STAR GAS COMPANY'S PROPOSED INCREASE IN RATES FOR 120 DAYS. WHEREAS, on January 23 , 1979, Lone Star Gas Company filed with the City of Wichita Falls a statement of intent to increase its rates, which shows the proposed effective date of such rate increase as February 28 , 1979; and, WHEREAS, the detailed data with which Lone Star Gas Company seeks to support their request is documented in a large number of figures and calulations, and it will take the City staff a lengthy period of time to study this mass of data and to make a recommendation to the Board of Aldermen regard- ing the rate request; and, WHEREAS , Lone Star Gas Company has also requested the establishment of temporary rates for any period of rate sus- pension. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The operation of the proposed increased rates is hereby suspended for a period of 120 beyond the date on which such rates would otherwise go into effect; this sus- pension period will end on June 28 , 1979. SECTION 2. The request by Lone Star Gas Company for temporary rate relief during such suspension period is hereby denied. PASSED AND APPROVED this the 6th day of February, 1979. M A Y O R ATTEST: City Clerk