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O-1992-1834
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O-1992-1834
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Last modified
11/2/2016 3:38:51 PM
Creation date
10/25/2006 7:22:52 PM
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Legislative Records
Legislative Type
Ordinance
Date
6/8/1992
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<br />. <br /> <br />. <br /> <br />WHEREAS, it is appropriate that the city of La Porte, acting by <br />and through its governing body, consent to a continuation of <br />privileges similar to those heretofore granted in Ordinance No. 419- <br />A, but under terms and conditions which take into account changes in <br />technology, the telecommunications industry, and state and federal <br />law; and <br /> <br />WHEREAS, it is recognized by the parties that changes in the <br />telecommunications industry, changes in technology, changes in state <br />and federal law, and changes in the accounting practices mandated by <br />the Uniform System of Accounts promulgated by the Federal <br />Communications Commission ("FCC"), along with regulatory <br />requirements of the Texas Public Utility Commission ("PUC"), have <br />caused the traditional method of determining the amount of <br />compensation to municipalities to become administratively <br />impractical and obsolete for telecommunications utilities. In order <br />to resolve these issues in a manner satisfactory to both the CITY <br />and the TELEPHONE COMPANY, the CITY and the TELEPHONE COMPANY have <br />chosen the method of determining the amount of compensation provided <br />for in this Ordinance to eliminate the expense and time related to <br />audits, to achieve administrative simplicity, to provide the CITY <br />with predictable revenues and an opportunity for growth and to avoid <br />the expense and delays of litigation which could be necessary to <br /> <br />-2- <br />
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