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HomeMy WebLinkAboutORD 1974-002 ORDINANCE NO. �4-2 AN ORDINANCE APPROVING CERTAIN RATE SCHEDULES FILED BY TEXAS POWER AND LIGHT COMPANY IN THE CITY OF GRAPEVINE, TEXAS, AND PROVIDING CONDITIONS UNDER WHICH SUCH RATE SCHEDULES MAY BE CHANGED, � MODIFIED, AMENDED OR WITHDRAWN, �,: � BE IT ORDA INED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: SECTION 1, That Texas Power and Light Company, having filed on the sth day of November , 1973, its Rate Book No, A-74-6, containing a set of electric Rate Schedules and the Service Regulations referred to therein, with the City of G rapevine, the same a re hereby approved a s Schedules of Rates and Service Regulations under which said Company is authorized 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limits of the City until such time as said Rate Schedules and Service Regulations may be changed, modified, amended or withdrawn, with the approval of the City Council, Said Company agrees to increase the Gross Receipts Tax it pays to the City of Grapevine to three per cent (3%) and further agrees to take all necessary steps to effect such increase in the Gross Receipts Tax in compliance with the laws of the State of Texas; the Home Rule Charter for the City of Grapevine, Texas, and all ordinances of the City of Grapevine. SECTION 2. The filing of the Rate Schedules and Service Regulations, and the approval of same by the C�ty Council, in the manner herein provided, shall constitute notice to the consumers of electricity, within the City, of the availability and application of such Rate Schedules and Service Regulations. SECTION 3. Other than increasing the rate schedules and gross receipts tax this ordinance shall not affect the terms of any rate ordinance, franchise provision or regulatory right of the City of Grapevine relative to Texas Power & Light Company. SECTION 4. Such Rate Schedules and Service Regulations, . shall become effective and shall be in full force and effective March 1, 1974 and shall apply to all bills rendered after February 28, 1974, ,_... PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, this the Stt, day of �anuary , 1974, on first reading, -----�c PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS, this the �s-�t»day of �anuary , 1974, on second reading. - ��t M , ATTEST: f i y ecretary • � AP VED AS TO RM• �- i y ttorney �� THIS ORDINANCE Al�ID ALL PROVISIONS CONTAINED THEREIN ARE HEREBY ACCEPTED BY TEXA S POWER A ND LIGHT COMPA NY. �:.. TEXAS P R & LIGHT CO ANY + gY_ t� _ �.,,.,„ Title; District Manager Date:___January _1 5 , _1974 ___�___