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Ord 2724 8/15/1972 • ORDINANCE NO. 2724 AN ORDINANCE FIXING AND DETERMINING THE GENERAL SER- VICE RATE TO BE CHARGED FOR SALES OF NATURAL GAS TO RESIDENTIAL AND COMMERCIAL CONSUMERS WITHIN THE CITY LIMITS OF WICHITA FALLS, WICHITA COUNTY, TEXAS, AND PROVIDING FOR THE MANNER IN WHICH SUCH RATE MAY BE CHANGED, ADJUSTED AND AMENDED. BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS : SECTION 1. Effective with the first gas bills rendered from and after thirty (30) days from the date of final passage of this ordinance, the maximum general service rate for sales of natural gas rendered to residential and commercial consumers within the city limits of Wichita Falls by Lone Star Gas Company, a Texas corporation, its successors and assigns, is hereby fixed, and determined as follows: First 1 MCF or Fraction thereof $2 . 111 Gross $1.90 Net Next 3 MCF at $1.077 MCF Gross $ .97 MCF Net Next 6 MCF at 1.033 MCF Gross .93 MCF Net Next 15 MCF at . 966 MCF Gross .87 MCF Net Next 25 MCF at .933 MCF Gross .84 MCF Net Next 50 MCF at .922 MCF Gross .83 MCF Net Over 100 MCF at .90 MCF Gross .81 MCF Net No gas bill will be rendered to any residential or commercial con- sumer served under the above rate not consuming any gas during any monthly billing period. ADJUSTMENTS The amount of each net monthly bill computed at the above- stated rates shall be subject to the following adjustments : plus an amount equivalent to the proportionate part of any new tax, or increased tax, or any other governmental imposition, rental, fee or charge (except state, county, city and special district ad valorem taxes and taxes on net income) levied, assessed or imposed subsequent to April 1, 1972 , upon or allocable to the Company' s distribution operations, by any new or amended law, ordinance or contract. Each gross monthly bill shall be adjusted proportionate- ly. Company, at its option, may forego the application of any adjustment if such adjustment would result in an increase in the monthly bill; however, failure of company to apply any adjustment shall not constitute a waiver of Company' s right from time to time, or at any time, to make any adjustment, in whole or in part, in any subsequent current monthly bill that may be applicable to such bill. Net rate shall apply to all bills paid within fifteen days from monthly billing date; gross rate shall be applicable thereafter. The above rate is applicable to each residential and commer- cial consumer per meter per month or for any part of a month for which gas is used at the same location. - 1 - F r • In addition to the aforesaid rates, Company shall have the right to collect such reasonable charges as are necessary to con- duct its business and to carry out its reasonable rules and regu- lations in effect. SECTION 2 . The rate set forth in Section 1 may be changed and amended by either the City or Company furnishing gas in the manner provided by law. Service hereunder is subject to the orders of regulatory bodies having jurisdiction, and to the Company' s Rules and Regulations currently on file in the Company' s office. SECTION 3 . It is hereby found and determined that the meet- ing at which this ordinance was passed was open to the public, as required by Texas law, and that advance public notice of the time, place and purpose of said meeting was given, and that this rate ordinance is in compliance with the applicable general criteria issued by the Price Commission under the Economic Stabilization Act of 1970, as amended. PASSED AND APPROVED on this the 18th day of July, A.D. 1972 . /4., I // /■- . �/ �j MAYOR ATTEST: City Clerk • t - 2 -