HomeMy WebLinkAbout02983 ORD - 01/30/1951.. n[Singer :gp
ORDINANCE NO.
AN ORDINANCE MUM FINDINGS OF FACT WITH RESPECT
TO THE PETITION OF THE SOUTHWESTERN BELL TELEPHONE
COMPANY FOR AN INCREASE IN ITS RATES FOR EXCHANGE
SERVICE IN THE CITY OF CORPUS CHRISTI, TEXAS; ADTHORIZ-
ING A SCHEDULE OF RATES APPLICABLE WITHIN THE CITY OF
CORPUS CHRISTI, TEXAS, FOR EXCHANGE SERVICES, AND FIX-
ING A DATE,FOR APPLICATION OF SUCH RATES.
WHEREAS, The Southwestern Bell Telephone Company,on the
29th day of August, 19501 filed its petition with the City Council
of the City of Corpus Christi seeldng an increase in the rates to
be charged by said Company for exchange telephone service in said.City;
and
WHEREAS, On December 5, 1950, the City Council of the City
of Corpus Christi by motion duly passed ordered a public hearing on
said petition to be held on Thrusdap, December 21, 1950 in the Coun-
cil Chamber of the City Hall at Corpus Christi, Texas; and
WHEREAS, On said day the City Council of the City of Corpus
Christi opened said hearing and proceeded to fully hear the evidence
presented by the Southwestern Bell Telephone Company and the City of
Corpus Christi, closing said hearing on December 22, 1950, an official
stenographic transcript of such proceedings being on file with the
City Secretary; and
WHEREAS, The City Council of the City of Corpus Christi
has now duly considered said petition and ail the evidence:
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY CF CORPUS CHRISTI, TEXAS: -
SECTION 1. The City Council of the City of Corpus
Christi does hereby make and adopt the following findings of fact:
At That the telehone system in Corpus Christi
is not adequate to meet the needs of the City and its adjacent areas;
and the Southwestern Bell Telephone Company is now engaged in an ex-
pansion program requiring the expenditure of substantial sums of
money and has pledged itself to carry out such program as quickly
as posgible.
1- •
as possible.
B. That the fair value of the property of the
Southwestern Bell Telephone Company used and useful in the public
service in exchange telephone operations in the City of Oorpus
Christi will be, when such expansion program is substantially com-
plete, $9,125,000, comprising the following principal items:
Net cost of Plant at 6130150 $4,686,607
1
Additions to Plant 6130150 to
111151 900,000
Additional investment necessary
to substantially complete
the expansion program 3,413,393
Cash working Capital 48,702
Material and Supplies 76,298
TOTAL $9,125,000
C. That a fair return to the company to allow
a just profit will be six percent per annum based on the fair value
of the companyls property used and useful in the public service.
D. That the annual expense requirements of the
company sufficient to provide all items of operating expenses,
charges to depreciation, Federal income tax, City and State gross '
receipts tax, when the program is substantially complete, will be
$2,490,327.00.
E. That the gross sum of money needed to pay
the above requirements and also to provide a fair return on the
fair value of the properties used anduseful in the public service
will, when the program is substantially complete, be $3037,827.00.
F. That the schedule of rates hereinafter es-
tablished will provide, taking into account Directory advertising
and other miscellaneous revenues, to the company an annual income
sufficient to meet its total expense requirements and pay the fair
return above set forth. ,
SECTION II. That the Southwestern Bell Telephone
Company is hereby authorised to place in effect the foolowing
schedule of exchange rates, which rates shall apply to all in-
stallations at all points within the area now within the City Limits
-2.
of the City of Corpus Christi and as well to all installations at
all points witbin any territory hereafter annexed by the City from .
and after the date of annexations for the respective classes of
services:
RATE SCHEDULE
Business One Party Flat Rate $8.75 1
Business one Party Measured Rate 5.00 (A)
Semi -pub Coin Box Guarantee 20 (B)�
Residence one Party flat rate - 4.00., -
Residence Two Party flat rate 2,95
Residence Four Party flat rate 1.35"
Extension Business Flat 1.$0/
Extension Business Coin
Extension Business Measured go./
Extension Business Non�coin .9a5V
Extension Residence Flat 1.35
PBX - Commercial Stations
n n TYUnks 13.15 (C)
n a Switching .60 (D)
n Hotel Stations (E)
n n Trunks
n n Switching Equipment (D)
Rural Business 5.90 (F)
Rura3.Residenee 3.20 (F)
Service Line Business 1.85
Service Line Residence .90
Notes: (A) Includes 90 outgoing messages; others 4 each
(B) Rate per message over guarantees 40 each
(C) Rate for flat rate PBX Trunk is 11 times the
rate for one party business flat rate service.
(D) Present and required rates for manual and dial
switching equipment vary with size of installa-
tion.
(E) Minimem local message revenue guarantee equal
to Business one Party Flat rate for each trunk.
(F) Rate applies within five (5) miles of each s
Christi Base Rate Area boundary's 250 ea
ad-
ditional one mile or fraction thereof.
SECTION III. The Southwestern Bell Telephone Company
is authorized to place said schedule of rates in effect at 12:01 A.M.
February 15, 1951, or at such later time as the company may desire.
SECTION IV. In accordance with the City Charter of the
City of Corpus Christis' the foregoing ordinance was read the first time
and passed to the second reading on the TA day of Januarys A.D. 1951,
by the following vote:
LESLIE WASSERMAN
JACK DeFORREST
BARNEY GOTT QdaLw
SYDNEY E. HERNDON �
GEORGE L. LAWMAN
The foregoing ordinance was read the second time and passed
to the third reading on the 2 3 andgp of J, ,, 1951, by the
following vote:
LESLIE WASSERMAN
JACK DeFORREST
BARNEY GOTT --`
SYDNEY E. HERNDON
GEORGE L. LO MAN
The foregoing ordinance was read the third time end passed
fina]]y and passed and approved on the !JO'4 dap of.�u a ARC/ P 1951s
by the following vote:
LESLIE WASSERMAN /jet
JACK DOFORREST
BARNEY COTT il...,
SYDNEY E. HERNDON
GEORGE L. LAWMAN
APPR09ED. This the 3o day of A.D. 1951.
L
A T:
The City orpus C ti, Texas
Cry Secretary
AP VED AS LEGAL FORM:
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