HomeMy WebLinkAbout021909 ORD - 03/29/1994AN ORDINANCE
FINDING, AFTER REASONABLE NOTICE AND HEARING, THAT THE
EXISTING RATES OF CENTRAL POWER & LIGHT COMPANY ARE
UNREASONABLE; DETERMINING JUST AND REASONABLE RATES TO BE
OBSERVED AND IN FORCE WITHIN THE CITY; ORDERING RATE
REDUCTIONS; ORDERING THAT THIS ORDINANCE BE SERVED ON
CENTRAL POWER & LIGHT COMPANY; PRESERVING REGULATORY
RIGHTS OF THE CITY; PROVIDING FOR REPEAL OF CONFLICTING
ORDINANCES.
WHEREAS, the City of Corpus Christi ("City"), acting as
a regulatory authority, has provided reasonable notice and
conducted a proper public hearing; and
WHEREAS, the City has, on its own motion, found that the
existing rates of Central Power & Light Company ("CPL") for service
within the City are unreasonable; and
WHEREAS, the City has determined that the rates of CPL
should be decreased.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF CORPUS CHRISTI, TEXAS:
SECTION 1. That the existing rates of CPL are hereby
found, after reasonable notice and hearing, to be unreasonable and
shall be decreased to reflect the reductions hereinafter ordered.
The rates resulting from such reductions and credits are hereby
determined to be the just and reasonable rates to be observed and
in force within the City.
SECTION 2. That it is hereby ordered that the base rates
of CPL for electric power and energy sold within the City be
decreased by the amount of $136,932,813 per annum on a Texas retail
system -wide basis, based on a test year ending June 30, 1993. Such
base rate decrease shall be implemented on an across-the-board
basis so that the base rates for all customer classes and each
component thereof are reduced by the same percentage amount.
SECTION 3. CPL shall file with the City, no later than
the effective date of the rate reduction ordered herein, revised
Schedules of Rates and Tariffs, together with rate design
workpapers and supporting data as requested, setting forth those
rates, tariffs, and charges based upon such decreased and credits
as prescribed herein. Such Schedules of Rates and Tariffs may be
modified or amended by the City Council to comply with the
provisions hereof within ten (10) days from the date of filing with
the City, otherwise the same shall be considered approved as filed.
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SECTION 4. That the rate reduction ordered herein
becomes effective 36 days after the effective date of this
ordinance, unless the Public Utility Commission of Texas, in
exercise of its appellate jurisdiction, initiates an interim rate
process for the purpose of determining whether to implement uniform
system -wide rates. If that interim rate process has been
initiated, the effective date of the rate reduction ordered herein
is to be determined by Commission order.
SECTION 5. That this ordinance shall be served on CPL by
U.S. mail to Ralph Underbrink, P.O. Box 2121, Corpus Christi, Texas
78401.
SECTION 6. That nothing in this ordinance contained
shall be construed now or hereafter as limiting or modifying, in
any manner, the right and power of the City under the law to
regulate the rates and charges of CPL.
SECTION 7. All ordinances, resolutions, or parts
thereof, in conflict herewith are repealed to the extent of such
conflict.
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That the foregoing ordinance was re$d for the
to it, second reading on this the Z7 day of
19 clti , by the following vote:
Mary Rhodes
Dr.Jack Best
Melody Cooper
Cezar Galindo
Betty Jean Longoria
fir t time and passed
NMkre ll
Edward A. Martin
Dr. David McNichols
David Noyola
Clif Moss
aifeAsAiit
That the foregoing ordinance w read for thg eco d time and
pas)"finally on this the Al day of b I `(( � ,
19 r , by the following vote:
Mary Rhodes (11 )1 ; Edward A. Martin (11/1-'
Dr. Jack Best11,1 '). i f Dr. David McNichols (it/ 7",
Melody Cooper (LICA- i David Noyola
Cezar Galindo
Betty Jean Longoria
Clif Moss
PAS E AND APPROVED, this the A day of
19 0l t •
ATTEST:
City Secretary
APPROVED: 1-1 DAY OF
k`Ia iC 1,
JAMES R. BRAY, JR., CITY ATTORNEY
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MAYOR
THE CIT
021909
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CORPUS CHRISTI