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HomeMy WebLinkAboutResolution - 2006-R0245 - Amend Rate And Tariff Structure Of LP&L - 06/08/2006Resolution No. 2006-RO245 June 8, 2006 Item No. 5.12 RESOLUTION WHEREAS, Lubbock Power & Light is the municipally owned electric utility of the City of Lubbock; and WHEREAS, pursuant to Section 40.055 of the Texas Utility Code and Article XII of the Lubbock City Charter, the City Council of the City of Lubbock, as the governing body of Lubbock Power & Light has exclusive jurisdiction to set all retail electric rates applicable to services provided by Lubbock Power & Light; and WHEREAS, Section 551.086 of the Texas Government Code authorizes the City Council of the City of Lubbock, as the governing body of Lubbock Power & Light regarding retail electric rates, to meet in executive session to discuss, vote and take final action on a competitive matter of Lubbock Power & Light; and WHEREAS, pursuant to Section 9-17(b) of the Code of Ordinances, City of Lubbock, Texas, all rates to be charged for electric service provided by Lubbock Power & Light shall be determined by the City Council of the City of Lubbock in a meeting conducted pursuant to Section 551.086 of the Texas Government Code; and WHEREAS, the City Council of the City of Lubbock implemented the current rate and tariff structure for residential, commercial, industrial and other retail customers of Lubbock Power & Light via Resolution No. 2001-R0103, as amended, the corpus of which became effective October 8, 2001; and WHEREAS, the City of Lubbock desires to amend the current rate and tariff structure by amending Tariff Numbers 1.0, 1. 1, 1.2, 1.3, and 1.4, Rates 1-7, Residential Service and Vacant Service; and WHEREAS, the City Council has determined in a meeting conducted pursuant to Section 9-17(b) of the Code of Ordinances, City of Lubbock, Texas that the current rate and tariff structure of Lubbock Power & Light should be amended to improve the efficiency and competitiveness of the City's municipally owned electric utility; NOW THEREFORE: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: 1. THAT Tariff Numbers Tariff Numbers 1.0, 1.1, 1.2, 1.3, and 1.4, Rates 1- 7, Residential Service and Vacant Service are hereby amended by eliminating the two percent (2%) discount for bills paid within sixteen (16) days after the mailing date with such amendment to take effect on June 8t" 2006. 2. THAT Tariff Numbers Tariff Numbers 1.0, 1.1, 1.2, 1.3, and 1.4, Rates 1- 7, Residential Service and Vacant Service are hereby amended by eliminating the one percent (1%) discount for bills paid by bank draft with such amendment to take effect on the same date noted in Section 1 above. 3. THAT all terms and conditions of the rate and tariff structure of Resolution 2001-R0103, as amended, including the general terms and conditions thereof, not specifically amended by this resolution shall remain in full force and effect until the City Council of the City of Lubbock authorizes amendment of such rate and tariff structure. Passed by the City Council this 8th day of June , 2006. David A. Miller, Ma r ATTEST: Rebecca Garza, City Secretary APPROVED AS TO CONTENT: Gary Zheng Chief Executive Officer APPROVED AS TO FORM: Ma ew L. Wade, Natural Resources Attorney 1Accdocsltariff amend resolution 5-25-06