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HomeMy WebLinkAboutOrdinance 7633 NOW ORDINANCE NO. -7 1 3 3 AN ORDINANCE AUTHORIZING AN OCTOBER GAS COST ADJUSTMENT OF 32.26 CENTS PER MCF AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, under the provisions of Ordinance No. 7401, the City Council may, in its sound discretion, take action to "suspend, modify or defer" all or a portion of proposed monthly gas cost adjustments as reported and prior to their effective date, all as specified in said Ordinance; and WHEREAS, the proposed Gas Cost Adjustment for October 1977 as reported by Lone Star Gas Company has been computed in accordance with the provisions of the Railroad Commission's Order in GUD No. 683 which is the subject of litigation filed by the City of Fort Worth; and WHEREAS, computation of the Gas Cost Adjustment eliminating all charges and computations which are being disputed in said litigation results in a Gas Cost Adjustment for October in the amount of 32.28 cents per Mcf; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That under the authority of Ordinance No. 7401, the Gas Cost Adjustment for October 1977 is set F �� K11U1M per Mcf. SECTION 2. C�Ty SECRETARY That this Ordinance shall take eff • WORTH TEX. October 1, 1977. APPROVED AS TO FORM AND LEGALITY: City Attorney Adopted: 2 7, ? 7 7