Laserfiche WebLink
<br />Q.~ (/) <br />- 0 <br />oj t::) ~~ <br />t::) a;ca <br />w~ "J w:! <br />oc -.Jc: <br />...J .u Q Uca <br />~ >00 <br />W 1-- <br />lLJ -0 <br />t-: Cl U~ <br />c{ (3 <br /> <br />62. <br /> <br />ORDINANCE NO 2005- 8 <br /> <br /> (/) <br />~ - 0 <br />st:l t::) ~ ~ <br />Q~ t::) a:ltl <br />"J W~ <br />W~ "l:tl ...Jc: <br />-.J' '1"""1 Uca <br />~ >00 <br />.l W .....- <br /> -0 <br /> lLJ O~ <br />~ Cl <br /> (3 <br /> <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY <br />OF SAN MARCOS, TEXAS, REVISING THE CITY'S <br />ELECTRIC UTILITY RATE SCHEDULES TO INCREASE <br />THE KILOWATT HOUR ENERGY CHARGE FOR ALL <br />CUSTOMERS, AND INCLUDING PROCEDURAL <br />PROVISIONS. <br /> <br />RECIT ALS <br /> <br />1 LCRA has completed a Revenue AnalYSIS for the Electnc UtIhty Department, the goals <br />of whIch were to (1) determme whether the monthly Power Cost Adjustment calculatlOn IS <br />functlOmng properly, (2) reVIew the Texas State UmversIty monthly b1llmg process, (3) compare <br />actual revenues to revenue reqmrements, and (4) restructure the reta1l pncmg rates, and LCRA <br />has prepared findmgs and recommendatlOns for the CIty Counc1l to consIder <br /> <br />2 The staff has presented a hIstoncal perspecl1ve of the financial condltlOn of the Electnc <br />UtIhty Fund, a 10-year financial forecast for the Fund, and an explanatlOn of operal1onal changes <br />that have led to slgmficant mcreases of expenses wIthm the Fund. <br /> <br />3 The staff IS recommendmg that CIty CouncIl accept LCRA' s tindmgs and <br />recommendatlOns, whIch mclude approvmg an mcrease of $0007] 5 m the kIlowatt hour (KWh) <br />energy charge for all customers <br /> <br />4 The City Councll conducted a pubhc heanng on proposed reVISlOns to the Electnc <br />Ul1hty Rate Schedules to Implement these recommendatlOns <br /> <br />5 The CIty Counc1l WIshes to Implement the recommendatlOns of the staff and LCRA. <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS <br /> <br />SECTION 1 The CIty'S electnc utIhty rate schedules estabhshed under CIty Code <br />SectlOn 86 167 are repealed and are replaced by the revIsed electnc utIhty rate schedules attached <br />to thIS ordmance <br /> <br />SECTION 2. If any word, phrase, clause, sentence, or paragraph of thIS ordmance IS <br />held to be unconstltutlOnal or mvahd by a court of competent JunsdIctlOn, the other provlSlons of <br />thIS ordmance w1ll contmue m force If they can be gIVen effect WIthout the mvahd portlOn. <br /> <br />SECTION 3 All ordll1ances and resolutIOn or parts of ordll1ances or resolutIOns m <br />conflIct WIth thIS ordmance are repealed. <br />