Loading...
HomeMy WebLinkAboutOrdinance 8113.e' ~~ ~~~ ~~~ ~' r~ t r> Cyr ORDINANCE NO ~ I I AN ORDINANCE SUSPENDING THE RATE INCREASE PRO- POSED IN THE STATEMENT OF INTENT FILED BY TEXAS ELECTRIC SERVICE COMPANY ON MAY 15 1980 FOR AT LEAST 120 DAYS BEXOND THE INTENDED EFFECTIVE DATE OF JUNE 19 1980 PROVIDING A SEVERABILITY CLAUSE AND PROVIDING AN EFFECTIVE DATE WHEREAS on May 15 1980 the Texas Electric Service Company filed with the City Secretary of the City of Fort Worth a Statement of Intent to Change Rates to make a major change in electric rates proposed to go into effect on June 19 1980 which major change in electric rates is estimated by the Texas Electric Service Company to increase its adjusted total operating revenue in the amount of $122 904 361 or 17 7% and WHEREAS under the Texas Public Utility Regulatory Act (Article 1446c V A C S ) the City Council of the City of Fort Worth is charged with the duty of making a "reasonable deter- mination of rate base expenses investment and rate of return within the municipal boundaries'° of the City of Fort Worth and WHEREAS it is a matter of public necessity that a thorough investigation be conducted and a hearing held on such requested major change in rates and WHEREAS it is necessary that the proposed rate increase intended to become effective on June l9 19$® be suspended as authorized by Article 1446c the Public Utility Regulatory Act for at least 120 days beyond the date on which the schedule of proposed rates would go into effect (October 17 1980) NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH TEXAS SECTION T That the proposed rate increase of the Texas Electric Service Company intended to become effective on June 19 199, be and the same is hereby suspended as authorized by Article 1446(c) the Public Utility Regulatory Act for at least 120 days beyond such date on which the schedule of proposed rates would go into effect and at least until October 17 1980 SECTION II Should any part, portion section or part of a section of t}zis ordinance be declared invalid or inoperative or void for any reason by a court of competent jurisdiction such decision opinion off: judgment shall in no way affect the remaining portions parts J~ T C; 'a1 ~ `R' it M -~ ~' ~. ~4 ~ rrt ~ ~. rw ,~ sections or parts of sections of this ordinance which provisions shall be remain and continue to be in full force and effect SECTION III That this ordinance shall take effect and be in full force and effect from and after the date o:f its passage and it is so ordained A1'I?ROVED AS TO FORM AND LEGALITY City Attorney ADOPTED _.__~~~7~f~~ EFFECTIVE -2- f, FILE "'ilUGhiMiBAUGH HERCHER~,,,~ BAILIFF, SMITH JONESI PET,E,gSF.~I• ccyor and ~oaen~~,l ~omm.un~cat~o~a, DAJE REFERENCE SUBJECT Request of Texas Electric Ser- PAGE NUMBER vlce Company for Authority to Increase 1 of 2 6/17/80 G-4593 Rates On May 15 1980 Texas Electric Service Company (TESCO) filed its Request for Authority to increase its rates effective thirty-five (35) days after the filing, on June 19 1980 The new proposed rates will go into effect automa- tically on that date unless as to the City of Fort Worth. they are suspended by the City Council The proposed increase in the adjusted total operating revenue is $123 million (17 7% increase) By classes of rate customers the increases proposed are A Residential - 20 1% increase B Commercial-Industrial - 16 9% increase C Municipal - street lighting - 32% increase. D Water - pumping - 14 2% increase Informal Report No 3495 of May 22 1980 listed alternative courses of action available to the City Council one of which included suspending the proposed. rates for a 120-day period (until October 17 1980) and taking some action on the request to include one or more public hearings The Council previously officially set Thursday June :12 1980 at 7 00 o'clock p m in the city Council Chambers as the time for the first public hearing on the matter A transcript is being prepared of this hearing Consistent with the procedures followed in previous T.ESCO rate cases the following steps have been taken 1) The City Attorney filed a Petition for Leave to Invervene and requested that the City of Font Worth be classed as a party to the proceedings before fhe P'UC pertaining to this proposed rate increase 2) The PUC has docketed the TESCO rate matter as Cause No PUC-3250, and a pre-hearing c-onference was held on Tuesday June 3 1980 Representatives of the Department of Law's Utilities Office attended At this hearing the Commission established the timetable for submission of evidence and hearing schedules The City of Fort Worth was class if led together with the rest of the Texas Municipal League (TML) Cities into one of the six groups of intervenors The hearing will begin on July 28 and is proposed t.o be divided into revenue and rate structure segments As has. been done in the three prior cases the City of Fort. Worth met. with representatives of 19 other affected TML-TESCO cities on Monday June 2 1980 to discuss a joint and coordinated approach Attorney Don Butler who repre- sented the TML Group as chief counsel in th.e.o_ther three cases stated that the funds now on hand at -the TML offices in Austin i.n the. amount of approxi- mately $35 000 will be sufficient to initiate the joint-participation inter- .'r' .~ DATE REFERENCE SUBJECT 'Request Of Texas Electric Ser- PAGE NUMBER vice Company for Authority to Increase 2 2 6/17/80 G-4593 Rates of vention in. this case This. money lead been reserved for possible further litigation in the tc;ro prior ~:~:ases PUC-1903 and 2606 and it appears now that not much. additional expense will be required in further appeals Therefore, the majority of t.h.e funds c.an be used in lieu of each city's ma~Cing a.ny additional. cash contribution to the fund as was done in the past cases These facts were verified in: a letter from Mr Butler A. consolidated approach appears to have Veen quite effective in the past as demonstrated-in th.e tabulation below CO'MPANY'S TML CITIES' GRANTED TN FINAL DOCKET REQUEST RECOMMENDATION PUC ORDER NOS (MILLIONS) (MILLIONS) (MILLIONS) PUC-527(1977) $ 79 05.3 $27 735 - 35% $44 120 - 63% PUC-1903(1978) 109 .969 30 078 - 27% 37 935 - 34% PUC-2606~1g79) 88 0 l4 558 - 17% 37 090 - 42% Recommendations It is recommended l) That the TESCO increased rate structure proposed to go into effect. on June 19 1980 be suspended for a period of 120 days pursuant to provisions of the PURR by adoption of the attached ordinance and 2) That th.e City of Fort Worth's participation and cooperation with other TML cities in the rate-setting procedure before the PUC for the purpose of protecting the rate interests of the citizens of the City of Fort Worth be approved and con- firmed ARP ms Attachment gY AppR~ U NC11. ® c ~~~~ 3uN ~~ ~g8o t~h' x~%w~ ~ar,o Ci x ~ F C ° SUBMITTED FOR T CITY MANAGER'S DISPOSITION BY COUNCIL: PROCESSED BY OFFICE BY ^ APPROVED ORIGINATING D ^ OTHER (DESCRIBE) 6 S EPARTMENT HEAD• ~ ~ CITY SECRETARY FOR ADDITIONAL INFORMATION CONTACT Arthur R Petersen, e.x't 7623 DATE