Loading...
1989-0582679L ORDINANCE NO~ AN ORDINANCE REDUCING THE ENERGY COST ADJUSTMENT (RATE SCHEDULE ECA), AND PROVIDING AN EFFECTIVE DATE WHEREAS, Texas Municipal Power Agency is reducing the fixed cost portion of the rate charged to the City from $31 51 Kw/month demand to $28 93 Kw/month, and WHEREAS, the City of Denton establishes its Energy Cost Adjustment (Rate Schedule ECA) based upon projected energy costs and projected KWH sales, and WHEREAS, the City of Denton will receive funds in excess of its projected costs for purchasing energy during the current fiscal year, and WHEREAS, Rate Schedule ECA Ordinance No 87-027 states that such excesses over $1,000,000 to months of the fiscal year, and (Energy Cost Adjustment) of the City of Denton may return customers over the remaining WHEREAS, the City Council of the City of Denton desires that the citizens of Denton benefit from reduced energy costs by reducing the energy cost adjustment, NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF DENTON SECTION I That the Energy Cost Adjustment (Rate Schedule ECA) now set at 2 00 cents per KWH is hereby reduced to 1 9 cents per KWH SECTION II That this ordinance shall become effective immediate Ty upon its passage and approval and applied to all energy consumed after the date of approval PASSED AND APPROVED THIS THE oP'd day of May, 1989 RAY S 81: ENS , A OR ATTEST J I'ER S, I S ^CR I~AR~ A ROVED AS TO FORM DEBRA A DRAYOVITCH, CITY ATTORNEY BY ~~Yf 4Jc~G~ P~