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Resolution 99-03 RESOLUTION NO. 99 - -3 (J0 A RESOLUTION SUSPENDING THE PROPOSED EFFECTIVE DATE OF THE PROPOSED RATE SCHEDULES OF TEXAS UTILITIES ELECTRIC COMPANY, PROVIDING FOR NOTICE HEREOF TO SAID COMPANY, AND FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, Texas Utilities Electric Company heretofore, on January 15, 1999, filed with the Governing Body ofthis municipality its Statement oflntent and A;;ocation, together with supporting testimony, proposing to implement within the corporate limits ofthis municipality proposed new rate schedules that provide additional rate options for its customers, which options are entirely voluntary on the part of the customer, namely its proposed Rate GTU-M-General Service Time-of-Use- Municipality, proposed Rate RTUI-M-Residential Time-of-Use Service-Municipality, and proposed Rate GTUC-M-General Service Time-of-Use Voluntary Curtailabe-Municipality (said three proposed new rate schedules hereinafter collectively referred to as the "Time-of-Use Rate Schedules"), to be effective on February 19, 1999; and WHEREAS, in order to allow sufficient time for the consideration of the data filed by said Company, it is the desire of the Governing Body of this municipality to suspend, pursuant to Section 36.108(a)(l) of the Texas Utilities Code, the proposed effective sdate of said proposed Time-of-Use Rate Schedules for a period of90 days from February 19, 1999; NOW THEREFORE, BE IT RESOLVED BY lHE CITY ~#f;j ./OFTHECITYOF~G.J ,TEXAS: SECTION 1. That the effective date of the proposed Time-of-Use Rate Schedules is hereby suspended for a period of90 days from February 19,1999. SECTION 2. That the Secretary of this municipality is hereby directed to deliver a copy of this Resolution to Teas Utilities Electric Company promptly after the passage hereof. SECTION 3. It is hereby officially found and determined that the meeting at which this Resolution \\ is passed is open to the public and that public notice of the time, place, and purpose of said meeting..was given, all as required by law. (;i,zJtJED AND APPROVED at a Regular Meer / , Texas on this the ~day of {, of the City ~, ofthe City , 999.