HomeMy WebLinkAbout020691 ORD - 06/13/1989AN ORDINANCL
APPROVING RATE SCHEDULES TO BE CHARGED BY CENTRAL POWER AND
LIGHT COMPANY IN THE CITY OF CORPUS CHRISTI, TEXAS,
PROVIDING FOR SCHEDULES, CONDITIONS, SEVEkABILITY, AND
REPEAL OF CONFLICTING ORDINANCES.
WHEREAS, on February 15, 1989, Central Power and Light Company ("CPL
or "Company") filed with the City of Corpus Christi a request for an increase in
electric utility rates to be charged within the city in the amount of
$157,554,732 per annum on a total Company basis, representing the first year of
a nine-year phase-ir plan, or the equivalent of an ap, r;: motel} n
annual increase on a traditional, one time basis, and;
WHEREAS, the City, having suspended the effective date of such
proposed increase from March 22, 1989, and having considered the same at a
public hearing, is of the opinion and finds that the rates of CPL should be
adjusted;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY CF
CORPUS CHRISTI, TEXAS:
SECTION 1. That the rates, tariffs, and charges of CPL for electric
power and energy sold within the City be revised to increase annual revenues by
$81,374,950 on a total Company basis. Further. the araour.t of $65,609,798
representing past overpayments of fiarchile iindunprotected excess
deferred taxes shall be amortized through a refund, plus interest, to ratepayers
over a three year period. Accordingly, the net first year increase to
ratepayers shall be $59,505,017 per annum. Such Schedules 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 oe chanced, modified, amended,
or withdrawn, with thc approvLi u•° the City Council.
SECTION 2. That CPL shall file with the City a revised Schedule of
Rates and Tariffs setting forth those rates, tariffs, and charges based upon
such increase in total operating revenues as prescribed herein. The rate design
implemented by such schedules and tariffs shall be in accord with the rate
design filed by CPL. Such Schedule of Rates and Tariffs may be modified or
amended by the City Council within ten (10) days from the Gate of filing with
the City, otherwise the same shall be consideree approved as filed. Provided,
however, notwithstanding any other provisions herein contained, the rate
pic.riced for herein shall not be effective prior to the effective date
of the rate increase ordered by the Public Utility Commission of Texas in Docket
8646 and no rate of CPL within the City of Corpus Christi shall, in any case,
exceed the corresponding rate of customers of CPL in unincorporated areas
whether such rate for unincorporated areas are set prior to or after the
adoption of this ordinance and it shall be unlawful for CPL, its agerts,
2083B103.ord
MICROFILMED)
servants or employees to collect or attempt to collect ary higher rate within
:no of Corpus Christi than is collected by CPL within unincorporated areas.
`.LL1:Ld, That the action of the City Council of the City of Corpus
Christi enacting this Ordinance constitutes, on the date of its final passage, a
final determination of rates for CPL within the City of Corpus Christi 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 under the law to regulate the rates and charges of CPL.
SECTION 5. That all Ordinance, Resolutions, or parts thereof, in
conflict herewith are repealed tc tLe e;,tcnL ul cr:.fl1ct
208JBICS.crc
That the foregoing ordinance was read for the first time and passed to its
second reading on this the day of l , 19 , by the
following vote:
Betty N. Turner
David Berlanga, Sr.
Leo Guerrero
Tom Hunt
Edward A. Martin
Joe McComb
Clif Moss
Mary Rhodes
Frank Schwing, Jr.
That the foregoing ordinance /was read for
third reading on this the (,' day of
following vote:
Betty N. Turner
David Berlanga, Sr.
Leo Guerrero (2( /
Tom Hunt t
J
the
second time
and passed to its
19 , by the
Edward A. Martin
Joe McComb
Clif Moss
Mary Rhodes
Frank Schwing, Jr. 11(
That the foregoing ordinance was read for the third time and passed finally on
this the / 2) day of ( , 19(` ' , by the following vote:
et
et
Betty N. Turner
David Berlanga, Sr. /k(
Leo Guerrero ;P(i
Tom Hunt
r
(
tt)
Edward A. Martin
Joe McComb
Clif Moss
Mary Rhodes
Frank Schwing, Jr. '1( ).
I
PASSED AND APPROVED, this the day of Ii, , 19
ATTEST:
City Secretary
APPROVED:
a.6 DAY OF
fel
HAL GEORGE, CITY ATTORNEY
, 19 SI:
ant City Attgf]ney
99.044.01
(d.( /L r i t ,r i
MAYOR
THE CITY OF CORPUS CHRISTI, TEXAS
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June, 1989
NOTICE OF PASSAGE
OF ORDINANCE NO. 20691
APPROVING RATE SCHED-
ULES TO BE CHARGED BY
CENTRAL POWER AND
LIC'HT COMPANY IN THE
CITY OF CORPUS CHRISTI,
TEXAS, PROVIDING FOR
SCHEDULES, CONDITIONS
SEVERAB!L ID AND REPEAL
OF
CONFLICTING ORDINANCES.
Was passed and approved
on third read63 by the Cay
COuUCIL of the City of Corpus
Christ, Texas on the 13th day
of June, 1989 and the full
text of said ordinance Is avalL?
Noble to the public 111 the Office
Cary > rY
City of Corpus