O-1968-797 - Laserfiche WebLink

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. . . -2- difference between the gross rate and the net rate, representi~g a discount, shall be allowed for payment of bills within ten (10) days after the date of the bill. If a, gas bill is not paid within ten (10), days after its date, the gross bill shall apply. The Railroad Commission of Texas, after notice and hearing of its Docket No. 246, by its order dated December 1, 1958, established and fixed the rate to be paid at the City Gate for gas purchased for resale to the consumers affected by this ordinance. If such City Gate Rate is hereafter decreased or increased by subsequent order of the Railroad Commission (and from time to time as such orders may issue) the rate herein fixed for Residential and Commercial use shall forthwith be likewise adjusted by cha~ging the price per hundred cubic feet, of each step of the above two schedules in an amount equivalent to the cha~ge in the Gate Rate, minus or plus, as may be appropriate. The rates in effect hereunder shall also be adjusted by the Company (1) so as to accomplish a decrease or increase of such rates equivalent to the change in the amount of taxes or other, government imposition payable solely by reason of any cha~ge in rates pursuant to the provisions of the precedi~g par~graph; and (2) upon the imposition of any new or increased rate of tax or similar cha~ge imposed by any, governmental agency on the Company and determined or measured by the volume, proceeds, or receipts of gas delivered to such customers, to the extent necessary to pass the ef~ect thereof on to such consumers. Such increase or decrease in rates, as appropriate, shall be ,passed along by the Company to its consumers by an adjustment in the above net monthly r~tes after the Company has filed with the City Clerk a sworn statement setting forth the cha~ges in the gate rate and/or taxes and the adjusted residential and commercial rates which result therefrom. . . I