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1981-008RESOLUTION NO. 81-8 WHEREAS, March 6,1981, Texas Power and Light Company filed with the City of Southlake, Texas, a Statement of Intent to change its residential service fees. WHEREAS, the Public Utility Regulatory Act, Article 1446c Section 43 a), V.A.C.S., requires the Utility to file its Statement of intent with the City Council at least thirty-five days prior to the effective date of the proposed change. WHEREAS, pending hearings on said application and the further decision of the said City thereon and while such matter is pending, the said City, through its City Council, -deems, it in the best interest of the City and its citizen customers of said Utility that the operation of any proposed service fee change, in whole or in part, of the said Utility be suspended until final action of said City Council on said rate change r'equest., or August 6,1981, whichever event occurs first; NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF SOUTHLAKE, TEXAS: That the effective date of any change in the service fee schedule of Texas Power and Light Company, within the City of Southlake, Texas, existing to March 6,1981, whichever event occurs first; That such suspension shall be effective upon delivery of a copy of this resolution to Texas Power and Light Company, after delivery of the writen reasons for such suspension which are attached hereto for reference purposes: That during the period of suspension as above provided the rates in force prior to the filing of the present rate increase application by Texas Power and Light Company, shall continue in effect; and BE IT FURTHER RESOLVED: That the City Secretary is hereby authorized and directed to deliver a copy of this resolution to said utility company after delivery of the written reasons therefor, such delivery to be by certified mail, return receipt requested, or by personal delivery. ADOPTED AND APPROVED this / day of AT -TE T ACity Secretary 1981. Mayor / FINDINGS OF CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS CONCERNING REASONS FOR FURTHER SUSPENSION OF ANY RATE CHANGE IN RATE SCHEDULE OF TEXAS POWER AND LIGHT COMPANY'. The reasons of the City Council of the City of Southlake, Texas for the consideration of and the passing of Resolution No. 81-8 which reasons were adopted by the said City Council prior to the actual passage of such resolution, are as follows: 1. The application for rate adjustment of said Utility was presented to the said City Council during its regular Council meeting of March 17, 1981, and the Council believes that at least 120 days or more will be needed for adequate review of the said application by the Council itself, it's Attorney, and/or rate experts. 2. It will be necessary and proper for the citizens of the City of Southlake, Texas, to engage in public hearings and hear discussion by both the regulatory body and the utility and rate hearings are contemplated by the Council for this purpose. 3. The City needs the reply of the utility as to whether or not and to what extent such utility will pay for rate consultants, accountants, auditors, attorneys, engineers or any combination thereof in assisting the City Council and advising the City Council concerning the proposed rate change request. The City Council, by this instrument, hereby requests reply from the utility concerning its position on the assistance described in this paragraph 3. 4. Based on the preliminary review of the information on hand by the said City Council, the City Council is of the present opinion that there is insufficient information to pass on a rate change and at least 120 days or more will be necessary to obtain such information. The above findin made by the City Council of the City of Southlake, Texas, this day of1981. jMapr ATTES' City Secretary