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HomeMy WebLinkAbout18663 ORD - 01/22/1985AN ORDINANCE AN ORDINANCE DETERMINING THAT THE PRESENT FUEL FACTOR OF CENTRAL POWER AND LIGHT COMPANY SET BY THE PUBLIC UTILITY COMMISSION of TEXAS IS UNREASONABLE AND DETERMINING A JUST AND REASONABLE INTERIM FUEL FACTOR TO BE CHARGED BY CENTRAL POWER AND LIGHT COMPANY WITHIN THE CORPORATE LIMITS, PROVIDING FOR SEVERABILITY AND REPEAL OF CONFLICTING ORDINANCES WHEREAS, effective September, 1983, the Public Utility Commission ("PUC") of Texas imposed a fuel factor to be charged by Central Power and Light Company ("CP&L" or "Company") on a system wide basis, and WHEREAS, such factor has caused CAL to overcollect electric utility rates in excess of $45 million including accrued interest on a system wide basis through September, 1984, and WHEREAS, such fuel factor imposed by the PUC constitutes unreasonable rates which should be revised; and WHEREAS, a determination should be made, after further investigation, of the precise amount of ov rcollection by CP&L, a proper level and method of refund and fair and reasonable rates to be charged in the future NOW THEREFORE, be it ordained by the City Council of the City of Corpus Christi, Texas. SECTION 1. Pursuant to Section 42 of the Public Utility Regulatory Act, the present fuel factors charged by CP&L a e hereby determined to be uneasonable, and wereauthorized by the City and the following factors per KWH are determined to bejustand reasonable. Transmission $0.83284160 Primary 0.03402226 Secondary 0.03579610 SECTION 2. Said factors established by Section 1 hereof shall be charged by CP&L within the City on an interim basis commencing with CP&L's next billing cycle, January 26, 1985. SECTION 3. Pursuant to the City's ,Jurisdiction as a regulatory authority, further investigation, hearings and review shall be conducted to determine the precise amount of overcollection, a proper level and method of refund, plus accrued interest, and reasonable rates to be charged In the future 18663 SECTION 4. If anyprovision, section, subsection, sentence. clause or phrase of this Ordinance, or the application of same to any person or set of circumstances 1s for any reason held to be unconstitutional, void orInvalid, the validity of the remaining portions of this Ordinance or their application to other person orsets of circumstances shall not be affected thereby, it being the intent of the City Council in adapting this Ordinance that no portion thereof or provision. orregulation contained herein, shall become inoperative a or fail by reason of any unconstitutionality of any other portion hereof and all provisions of this Ordinance are declared to be severable for that purpose. That the foregoing ordinance ms ad for a first time and P$� ed to its Gond reading an this the day of , 19 - , by the fall owl ng vote. /n/ / Leo Guerrero A/i,d,(mL /1 /niDr Charles W. Kennedy Jae McComb Ifirr Frank Mendez Mary Pat Slaysk Luther Jones Betty N Turner David Berlanga, Sr Welder Brown That the foregoingrdinance read fhe second time and WW ed to its third eedsng on this the 1,y day of mint/.o 198r , by the following vote Luther Jones / Leo Guerrero Betty N. Turner David Berlanga. 5 Welder Brown Dr Charles W. Kennedy Jae McComb Frank Mendez Mary Pat Slaysk LGGO/ /j That the forego sng obina s read for the third time and passed finally on this theo�af/day f C zzgw , 19,2.1:__, by the follows vote. Luther Jones n , Betty N. Turner David Berlanga, Sr Welder Brown Dr. Charles W. Kennedy Joe McComb Frank Mendez Mary Pat Slaysk PASSED AND APPROVED, this the .2)7,(I day offyj(gN , 19 Ir. ATTEST. (/ I APPROVED ?K DAY OF � ...Y 19 BY J BRUCE AYCOCK, CITY ATTORNEY By THE ITY OF CORPUS CHRISTI, TEXAS 18663 s PUBLISHER'S AFFIDAVIT STATE OF TE.L15. p.. Connty of Neecea I Before me, the undersigned, a Nola, Publie this day personas..., MARGARET RAMAGE o hung not 81117 sworn. according w law, says that he i. the 'C6EMVNiTY RELATTDNS $i7PERV1808 _ _ _ ., _ of the CoChristi Corpus Caller and The Corpus ChristiTome s Deily Newspaper published at Corpus Chnaq Texas, .n ...d County and State. and that the pubteahoa of NOTICE OF PASSAGE OF ORDINANCE N0. 18663 AN ORDINANCE DETERMINING of whic h @eemeaeduewexopy, was pabhehedm CALLER TINES PUBLISHING CO. an the 28thd, of January ig_85 and once each day _ _ thereafter for one endeen..e _ ally ONE Timm 0 _ 34.50 MARGARET RAMAGE Subambedavd sworn to before suethu. 2 J miser f/ _ EDNA KOSTER 11-30-88 Notary Public, Nu County. Tan