1986-06-23 Regular Meeting of La Porte City Council

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Ordinance No. 1502 Page 6 the Public Utility Regulatory Act. i Section 3. The City Council hereby determines, prescribes, establishes and authorizes the increased rates for sale or supply of electric service by the Company within the corporate limits of the City of La Porte as set out in this ordinance. Such increased rates shall become effective as to each customer on or no later than the thirtieth day after the date of final passage of this ordinance. The Company shall be authorized to collect such rates until such time as they may be changed, modified, amended or withdrawn in accordance with applicable statutes and ordinances. Section 4. The City Council hereby authorizes and directs the City Secretary to serve the Company with a certified copy of this ordinance which is the final determination and order of the City. Section 5. The Company shall, within ten (10) days following final passage and approval of this ordinance and thereafter whenever required by applicable statutes and ordinances and whenever requested by the City Manager, file a complete schedule of rates and tariffs with the City Manager setting forth all of the Company's rates and charges for utility service then in effect. The City Manager is authorized to review, approve and require revisions to the tariff if he determines it not be in accordance with this ordinance. Section 6. Nothing contained in this ordinance shall be construed now or hereafter as limiting or modifying, in any manner, the right and power of the City under the law to regulate the rates and charges of the Company. Section 7. All ordinances or parts of ordinances in conflict herewith are repealed to the extent of the conflict only. Section 8. In the event that the Company appeals from this order setting electric rates for the Company, the City hereby waives