My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Res 2011-061
San-Marcos
>
City Clerk
>
03 Resolutions
>
2010's
>
2011
>
Res 2011-061
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/28/2011 4:17:08 PM
Creation date
6/2/2011 1:09:29 PM
Metadata
Fields
Template:
City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2011-61
Date
5/17/2011
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
19
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
policy is unreasonable or violates the Agreement. The Party <br />proposing a change in existing Rates or rate design shall have the <br />burden of persuasion; provided, however, LCRA shall in every <br />Rate Dispute have the burden of going forward with evidence to <br />support its new or existing Rate or rate design. <br />(g) In the event the arbitrators' decision is favorable to Customer, the <br />Rate Dispute shall be sent back to the LCRA Board, whereupon <br />the LCRA Board shall promptly deliberate and vote to approve, <br />modify or reject the decision of the arbitrators. If, and to the <br />extent that, the LCRA Board does not establish a new Rate or <br />rate design, or Board policy, consistent with the arbitrators' <br />decision, Customer may immediately begin to withhold payment <br />of any Disputed Amount pending resolution of the dispute in the <br />judicial branch pursuant to Article 15.2.5 hereof. In addition to <br />the Customer's right to withhold Disputed Amounts consistent <br />with the arbitrators' decision, Customer has the additional right to <br />withhold Disputed Amounts relating to refunds and credits, as <br />provided in clauses (i) and (ii) below. <br />(i) Except for violation of Article 4.2 or 4.7 of the <br />Agreement, the decision of the arbitrators shall relate <br />back to the date of a Statement of Claim, in the case of a <br />Rate Action Dispute; and shall be prospective only, from <br />the date of the arbitrators' decision, in the case of a Rate <br />Review Dispute. In the event an arbitrators' decision <br />results in a finding that LCRA violated Articles 4.2 or 4.7, <br />Customer is entitled to a credit against future bills (net of <br />any amount withheld by Customer) of revenues collected <br />under the components of the Power Costs or rate design <br />found to be in violation of Articles 4.2 or 4.7, and in <br />which case Articles 16.7 through 16.9 shall apply, and <br />Customer may obtain a refund for any over - payments, <br />with interest, for a period not to exceed thirty-six (36) <br />months. <br />(ii) The Parties further agree that if the arbitrators' decision <br />regarding a Rate Action Dispute is favorable to Customer, <br />Customer is entitled to a credit against future bills (net of <br />any amount withheld by Customer) of any Power Costs or <br />rate design found to be unreasonable or in violation of the <br />Agreement, commencing prospectively only from the date <br />of the Statement of Claim. The credit shall be made in <br />the bills next coming due, provided that, at LCRA's <br />option, credit may be spread equally over a like period of <br />time in which the disallowed Power Costs were collected <br />or the rate design applied, but in no event shall the refund <br />
The URL can be used to link to this page
Your browser does not support the video tag.