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HomeMy WebLinkAbout85-2632 ordr ORDINANCE NO. 85-2632 AN ORDINAI~TCE APPI~IING AN INCREASE IN THE RATES WHICH MAY BE CHARGED BY SOUTHWESTERN PUBT~IC SERVICE COMPANY IN THE CITY'OF P7LAIl~lVIEW, TEXAS AND PROVIDING FOR AN EFFECTIVE DATE FOR SUCH RATES. LuHEREAS, on August 30, 1985, Southwestern Public Service Company filed with the City of Plainview a request for an increase in rates to be charged within, the City and WHEREAS, the City, having received the Application for such proposed rate increase. and having conducted an informal public hearing thereon in accordance with Section 43Ec) of the Public Regulatory Act at which it considered the analysis of its rate consultants, evidence from representatives of Southwestern Public Service Company and con-anents from the public; and WHEREAS, the City Council finds that an increase in rates in the amount hereafter set forth should be approved; NOW, THEREFORE, BE IT ORDAINID BY THE CITY COUNCIL OF THE CITY OF PIAINVIEW, TEXAS: SECTION 1. That an increase in the rates, tariffs, and charges of Southwestern Public Service Connpany for electric power and energy sold within the .City of Plainview be approved in an amount that as applied to the Texas retail system will increase the system wide operating revenues for said company by $28,000,000.00 based on annualized test year usage. SECTION 2. Southwestern Public Service-Company's Schedule of Rates and Tariffs, as are hereby approved, are those under which said Company shall be authorized to render electric service and to collect charges from its customers in accordance therewith for the sale of electric power and energy within the corporate limits of the City of Plainview on and after January 1,.1986, and until such time as said Rates, and Tariffs might be changed, modified, amended or withdrawn. SECTION 3. What the action of the City Council of the City of Plainview enacting this ordinance constitutes, on its. effective date, a final determination of rates for Southwestern Public Service Company in accordance with section 43 of the Public Utility Regulatory Act. PASSED AND APPROVF,D by the City Council of the City of Plainview, Texas on first reading this the 10th day of December, 1985; and passed on second and final reading the 23rd day of December, 1985. City. Clerk