HomeMy WebLinkAboutO-1991-1749
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ORDINANCE NO. 1749
AN ORDINANCE APPROVING AND ADOPTING THE
RECOMMENDATION FOR SETTLEMENT OF THE PENDING
POWER COMPANY RATE CASE1 CONTAINING FINDINGS
RELATED TO THE SUBJECTJ FINDING COMPLIANCE
LAW1 AND PROVIDING AN EFFECTIVE DATE HEREOF.
COALITION OF CITIES
HOUSTON LIGHTING &
AND OTHER PROVISIONS
WITH THE OPEN MEETINGS
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE:
Section 1. Houston Lighting & Power Company has heretofore, on
November 9, 1990, filed with the City of La Porte a proposed
schedule of rates. The City Council of the City of La Porte, by its
Ordinance No. 1737, passed and approved on the 10th day December,
1990, denied Houston Lighting & Power Company's proposed schedule of
rates.
Section 2. The City of La Porte is a member of the Coalition
of Cities, which has recommended a settlement agreement with Houston
Lighting & Power Company, subject to approval by the Texas Public
utilities Commission, providing for a recommended $323,000,000.00
rate increase.
Section 3. The City Council of the City of La Porte hereby
formally approves and adopts the settlement recommendation of the
Coalition of Cities, for a $323,000,000.00 rate increase for Houston
Lighting & Power Company, all as more fully set forth in
"Recommendation of the Regulatory Affairs Division on the Petition
of Houston Lighting & Power Company for Authority to Change Rates,"
Executive Summary, dated January 23, 1991.
Section 4.
The City Council officially finds, determines,
recites and declares that a sufficient written notice of the date,
hour, place and subject of this meeting of the City Council was
posted at a place convenient to the public at the City Hall of the
City for the time required by law preceding this meeting, as
required by the Open Meetings Law, Article 6252-17, Texas Revised
Civil Statutes Annotated1 and that this meeting has been open to the
public as required by law at all times during which this ordinance
and the subject matter thereof has been discussed, considered and
formally acted upon. The City Council further ratifies, approves
and confirms such written notice and the contents and posting
thereof.
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ORDINANCE NO. 1749
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Section 5. This Ordinance shall be effective from and after
its passage and approval, and it is so ordered.
PASSED AND APPROVED, this 11th day of March, 1991.
BY~~;&~
oman L. Ma one, ayor
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