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Ordinance No. 2,93400710 -12 ORDINANCE NO. 2934 AN ORDINANCE SUSPENDING HOUSTON LIGHTING & POWER COMPANY'S PROPOSED INCREASE IN RATES FOR 120 DAYS AND MAKING CERTAIN FINDINGS AND PROVISIONS. WHEREAS, Houston Lighting & Power Company filed a "Rate Filing Package" stating its intent to increase rates within the City of Baytown with the City Clerk pursuant to Article 1446c on June 30, 1980; and WHEREAS, the proposed effective date of the increased rates is August 5, 1980; and WHEREAS, the City of Baytown desires to evaluate the merits of such rate increase prior to the inception of the proposed rates; and WHEREAS, the time necessary for a complete evaluation requires the proposed rates be suspended for a period of 120 days beyond August 5, 1980; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN: Section 1: Having considered the time necessary to evaluate the merits of Houston Lighting & Power Company's proposed rate increase, the City Council hereby finds that the proposed rates should be suspended pursuant to Article 1446c. Section 2: Houston Lighting & Power Company's proposed rates for customers within the city limits of the City of Baytown are suspended for a period of 120 days beyond August 5, 1980, which date the rates would otherwise become effective, or until a new rate ordinance for Houston Lighting & Power Company is passed by the City Council, whichever comes first. Section 3: The City Clerk is hereby directed to deliver a copy of this ordinance to Houston Lighting & Power Company. 00710 -12a Section 4: This ordinance shall take effect from and after its passage. INTRODUCED, READ, and PASSED by the affirmative vote of the City Council of the City of Baytown on this 10th day of July , 1980. 6 EMMETT 0. HUTT , Mayor ATTEST: L EN P. HALL, City Clerk APPROVED: RANDALL B. STRONG, City torney -2-