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HomeMy WebLinkAbout1984-1531 - Ordinance - 06/27/1984ORDINANCE NO. 1531 AN ORDINANCE GRANTING LONE STAR GAS COMPANY A RATE INCREASE FOR MAIN LINE EXTENSIONS MADE WITHIN THE CITY OF COLLEGE STATION, TEXAS, AND PROVIDING AN EFFECTIVE DATE THEREOF. WHEREAS, the City Council of the City of College Station granted Lone Star Gas Company, a division of Enserch Corporation, a franchise to distribute natural gas within the corporate limits of the City of College Staiton, Texas on August 10, 1978, and WHEREAS, Lone Star Gas Company has not previously had a rate increase for main line extension of residential lines since 1976, and the current rate is $4.50 per foot for each foot beyond the applicable free limit, and WHEREAS, the City of College Station has not previously granted Lone Star Gas Company a rate increase for commercial extensions since 1976, and the current rate is $4.50. WHEREAS, the City of College Station heard evidence from Lone Star Gas Company concerning the actual cost of extension, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: Effective upon the date of passage of this ordinance, the charge for extending mains beyond the free limit established by Lone Star Gas Company, or any free limit established by franchise, for residential customers shall be the lesser of: (a) the system-wide average cost of construction, including all overheads, for the prior fiscal year or (b) the adjusted actual cost as determined by applying the latest Handy-Whitman Index to the 1975 actual base cost of $2.94. The Company shall file the calculation of such charge with the city as soon as sufficienet data is available each fiscal year. Extension to commercial and industrial customers shall be based on actual cost per foot. Any prior ordinance establishing a main line extension rate for Lone Star Gas Company is hereby repealed to the extent that the prior provision is inconsistent with the preceding paragraph of this ordinance. In all other respects, prior ordinances are not affected by this ordinance. It is hereby found and determined that the meeting at which this ordinance was passed was open to the public, as required by Texas law, and that advance public notice of the time, place, and purpose of said meeting was given. PASSED AND APPROVED on this the 27th day of June , 1984. ATTEST: MAYOR/ARY HALTER 04Z9