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HomeMy WebLinkAbout021476 RES - 09/08/1992A RESOLUTION WHEREAS, Central Power & Light Company has filed a revised economic development rider with the Cities and the Public Utility Commission; and WHEREAS, such economic development rider is to replace the current economic development rider which was implemented in the Company's last rate cases but expires December 31, 1992; and WHEREAS, the City of Corpus Christi supports the concept of an economic development rider; and WHEREAS, such decision will affect this City and its citizens; and WHEREAS, such filing should be suspended for further review; and WHEREAS, it is in the public interest to join with other Cities to review such filing and present such evidence as may be appropriate before the Public Utility Commission, all as directed by the Cities' Steering Committee; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That such filing by Central Power & Light Company is hereby suspended for a period of 90 days from the effective date thereof for further review. SECTION 2. That the City of Corpus Christi should join with other participating Cities to review such filing and to intervene at the Public Utility Commission, subject to the right to terminate such participation at any time by written notice and to act independently in the exercise of local regulatory authority. It is specifically understood that this participation will not necessitate the expenditure of any funds from the City budget. ATTEST: City Secretary fijir MAYOR THE OF CORPUS CHRISTI APPROVED: 1 DAY OF Sty, , 19 q i Jam R. Bray, Jr., City MICROFILMED ORD5.91175skp 1 021476 Corpus Christi, Texas day of igepta rn la& , l9 <�z The above resolution was passed by the following vote: Mary Rhodes Cezar Galindo C ( Leo Guerrero Betty Jean Longoria Edward A. Martin Joe McComb Dr. David McNichols Clif Moss Mary Pat Slavik 066 021476