1988-12-12 Regular Meeting - Laserfiche WebLink

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e e ORDINANCE NO. 1625 AN ORDINANCE RECITING THE CIRCUMSTANCES OF THE HOUSTON LIGHTING & POWER COMPANY (HL&P) STATEMENT OF INTENT TO CHANGE ELECTRIC RATES; SUSPENDING THE SCHEDULE OF RATES OF HL&P FOR A PERIOD OF NINETY (90) DAYS FROM THE EFFECTIVE DATE THEREOF; AND PROVIDING AN EFFECTIVE DATE FOR THIS ORDINANCE. WHEREAS, on November 23, 1988, the Houston Lighting & Power Company (HL&P) filed a Statement of Intent to change its rates for electric service within the City of La Porte and has requested that said changes become effective on December 29, 1988; and WHEREAS, HL&P has filed revised Tariff Schedules together with statements specifying in detail each proposed change, a rate filing package, and supporting testimony; and WHEREAS, Section l7(a) of the Public Utility Regulatory Act, Article l446c, Texas Revised Civil Statutes, gives the governing body of each municipality exclusive original jurisdiction over electric rates within its municipal boundaries; and WHEREAS, Secction 43(d) of the Public Utility Regulatory Act authorizes the governing body of any municipality acting as a Regulatory Authority to suspend the operation of any proposed change in rates for a period not to exceed 90 days beyond the date on which the scheduled rates would otherwise go into effect, which period may be further extended for an additional 150 days by the Texas Public Utility Commission; and WHEREAS, HL&P's proposed rate changes and the detailed material supporting those changes require comprehensive evaluation and study; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. That the changes in rates for electric service within the City of La Porte proposed by Houston Lighting & Power Company to become effective on December 29, 1988, should be and are suspended for a period of 90 days beyond said proposed effective date, subject to an additional possible suspension of up to 150 days beyond said date by the Texas Public Utility Commission. Section 2. This Ordinance shall be effective immediately upon its passage and approval.