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HomeMy WebLinkAboutRES 1982-028 RESOLUTION NO. g2-2g A RESOLUTION OF THE CITY OF GRAPEVINE, TEXAS, SUSPENDING THE OPERATION OF A PROPOSED FUEL COST FACTOR TARIFF FILED BY TEXAS POWER AND LIGHT COMPANY FOR AN ADDITIONAL THIRTY (30 ) DAYS BEYOND THE DATE ON WHICH SUCH SCHEDULES WOULD � OTHERWISE GO INTO EFFECT �, WHEREAS, on December 4 , 1981 , the District Court of Travis County, Texas, 200th Judicial District entered a final judgment in favor of various cities and cooperatives served by Texas Power and Light Company ("TP&L") and adverse to TP&L; WHEREAS, TP&L did on December 9 , 1981 file a proposed fuel cost factor tariff for service within the City of Grapevine to become effective January 13 , 1982 , the opera- tion of which was suspended for a period of 120 days from January 13 , 1982 ; WHEREAS, TP&L did subsequently amend its stated in- tended effective date extending it for a period of thirty days to February 12 , 1982 ; WHEREAS, with the agreement of TP&L, the suspension heretofore adopted by the City of Grapevine was extended for an additional thirty days to June 12 , 1982 ; WHEREAS, it is the opinion of the City Council of the City of Grapevine that the implementation of the proposed ^"�"" modified fuel cost factor tariff and procedure for approval of payments to affiliates should be suspended for an addi- ;� tional period of thirty days from June 12 , 1982 , until July 12 , 1982 so that a proposed settlement agreement regard- ing the proposed modification to the fuel cost factor rate schedule and procedure for approval of payments to affili- ates can be considered and so that a public hearing can be conducted, if necessary; WHEREAS, a copy of this resolution has been provided to TP&L. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1 . That, pursuant to Section 43 (d) of the Public Utility Regulatory Act, the operation of Texas Power and Light Company' s proposed modified fuel cost factor tariff and pro- cedure for approval of payments to affiliates is hereby sus- pended for an additional period of thirty days from the intended effective date , as modified by TP&L, or 150 days from the in- tended effective date , as modified by TP&L, so that a settle- ment proposal can be considered and a public hearing conducted, if necessary. � PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 15th day of June, 1982 . �irrrr APPROVED: Mayo