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RE 01-25-77 " I I I ~ A RESOLUTION OF THE CITY OF COPPELL, TEXAS WHEREAS, Texas Power & Light Company filed an application with the City of Coppell, hereinafter called City, on the 22nd day of December, 1976, for a rate increase for customers residing within the corporate limits of the City; and WHEREAS, Texas Power & Light Company has established the effective date of said rate request as January 26, 1977; and IVHEREAS, the City Counci 1 is in need of additional time within which to analyze the application for said rate increase, and desires to know the results reached by the Texas Public Utility Commission on Texas Power & Light Company's application filed for rate increase outside of incorporated municipalities before it makes its decision "vi th regard to the application for rate increase filed by Texas Power & Light Company; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS: SECTION 1. That the City Council of the City of Coppell, the regulatory authority, needing additional time within which to analyze the application of Texas Power & Light Company, and desir- ing to be advised as to the decision made by the Texas Public Utility Commission on the application of Texas Power & Light Company for a rate increase prior to any decision being made by the City Council of the City of Coppell, does hereby suspend the oneration of the rate schedule filed with the City Council of the City of Coppell for 120 days beyond the effective date of said rate request, and pending a final decision by the Public Utility Commission on appli- cation of Texas Power & Light Company presently pending before the Commission. SECTION 2. That this Resolution suspending such rates by the City Council of Coppell is made pursuant to Section 43 of the Texas Public Utility Regulatory Act of 1975, and such resolu- tion shall become effective immediately upon its adoption. I I I '. SECTION 3. That a copy of this Resolution shall be forwarded to Texas Power & Light Company so as to notify said Texas Power & Light Company of the decision made by the regula- tory authori ty . DULY ADOPTED by the City Council of the City of Coppell, Texas, on the z".$ day of January, 1977. APP ROVED: ~~~- JI.TTEST: 7Jtrc~ r.[j,L.. TY SECRET ..~.d "1