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HomeMy WebLinkAboutRES 1978-001 RESOIUTION NO. 78-1 WHEREAS, the request far a rate increase filed by Texas Power and Light Company was recently received, pursuant to Chapter 8 of the City Code the City Atto rney �,,,, is duly informing the company that the data submitted did not satisfy the City's ordinance as to form and content; and WHEREAS, the data submitted is voluminous and the City Council and CLty Staff need additional time to study and analyze same; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS: Section 1. That the effect.ive date for the rates to become applicable in the request for a rate increase applied for by Texas Power and Light Company is hereby suspended. The suspension of the rates are to enable the City to obtain the necessary data and to analyze same. Section 2. That a Public Hearing is hereby called to considex the request for a rate increase on the 24th day of January, 1978. � Section 3. That the City Secretary is hereby in- � structed to notify the applicant of the decision contained in this resolution. PASSED AND APPROVED this the 3rd day of January � 1978. � � Mayor ATTEST: City Sec t ""'� APPROVED AS TO FORM: � � �rr City Attorney