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HomeMy WebLinkAboutResolution - 2023-R0199 - LP&L System Delivery and Discretionary Rate Schedules FY 2023-24Resolution No. 2023-R0199 Item No. 7.7 April 11, 2023 RESOLUTION WHEREAS, Lubbock Power & Light is the municipally owned public power utility of the City of Lubbock; WHEREAS, pursuant to Chapter 1, Article XII, Section 1, of the City of Lubbock Charter, the City Council of the City of Lubbock has exclusive jurisdiction to approve all system delivery and discretionary rates of Lubbock Power & Light; WHEREAS, the Electric Utility Board is charged with approving and submitting a system delivery rate schedule ("Rate Schedule") for Lubbock Power & Light to the City Council pursuant to §2.03.415(a) of the Code of Ordinances of the City of Lubbock; WHEREAS, the Electric Utility Board, by Resolution dated April 10, 2023, approved the Rate Schedule for Lubbock Power & Light and recommended that the City Council adopt the Rate Schedule, with an effective date of October 1, 2023; WHEREAS, Chapter I, Article XII, Section 1, of the City of Lubbock Charter and §2.03.415(a) of the Code of Ordinances of the City of Lubbock require that the Rate Schedule of Lubbock Power & Light be approved by the City Council prior to its adoption: NOW, THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT Lubbock Power & Light's Rate Schedule, as attached hereto, be approved and adopted with an effective date of October 1, 2023. Passed by the City Council the 11 day of April, 2023. Tray Pa , Mayor ATTEST: rtney Paz, Inte C ecretary APPROVED AS TO CONTENT: L67 Joel Director of Ele is Utilities APPROVED AS TO FORM: orx� Jenny S ' h, LFU General Counsel