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0268 ORDINANCE NO. 268 AN ORDINANCE SUSPENDING THE EFFECTIVE DATE OF PROPOSED REVISION TO THE FUEL COST FACTOR TARIFF SCHEDULE OF TEXAS POWER & LIGHT COMPANY, PROVIDING THAT THE RATES OF SUCH COMPANY SHALL CONTINUE UNCHANGED DURING THE PERIOD OF SUSPENSION, APPROVING A FUEL COST FACTOR TARIFF SCHEDULE FOR TEXAS POWER & LIGHT COMPANY, PROVIDING AN EFFECTIVE DATE THEREFOR, FINDING AND DETERMINING THAT THE MEET- ING AT WHICH THIS ORDINANCE IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW, AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY Council OF THE CITY OF Southlake TEXAS: SECTION 1: On December 9, 1981, Texas Power & Light Company filed with the City and simultaneously with the Public Utility Commission of Texas an Application and Statement of Intent with proposed changes in the fuel cost factor tariff schedule of said Company. The effective date of such proposed changes in rates and charges is hereby suspended, except as hereinafter provided, for a period of 120 days from January 13, 1982. SECTION 2: The rates of Texas Power & Light Company for electric service within the City in effect on December 9, 1981, shall continue in force during the period of suspension as provided in Section 1. SECTION 3: The fuel cost factor tariff schedule of Texas Power & Light Company approved and set by the Public Utility Commission of Texas pursuant to the Application and Statement of Intent filed by said Company with the Public Utility Commission of Texas on December 9, 1981, is hereby approved as the fuel cost factor tariff under which said Company is authorized to render service and to collect charges from its customers for the sale of electric power and energy within the corporate limits of the City until such time as said fuel cost factor tariff schedule may be changed, modified, amended or withdrawn with the approval of the City Council SECTION 4: The aforesaid fuel cost factor tariff schedule herein approved shall be effective from and after the date the Public Utility Commission of Texas orders a new fuel cost factor tariff schedule effective for Texas Power & Light Company in the aforesaid proceeding. SECTION 5: The filing of the fuel cost factor tariff schedule,, r and the approval of same by the City'. , in the manner herein provided, shall constitute notice to the consumers of electricity, within the City, of the availability and application of such fuel cost factor tariff schedule. SECTION 6: That it is hereby officially found and determined that the meeting at which this Ordinance is passed is open to the public and as required by law and that public notice of the time, place and purpose of said meeting was given as required. SECTION 7: That an emergency exists necessitating the sus- pension of any rule requiring multiple readings of this Ordinance and all multiple readings of this Ordinance are hereby waived; this Ordinance shall take effect immediately upon its passage. PASSED AND APPROVED at a Regular Meeting of the City Council of the City of Southlake , Texas, on this the 15 day of December , 19 81, May ATTEST: City Secretary APPROVED AS TO FORM AND LEGALITY: City Attorney