HomeMy WebLinkAboutRES 900068 - LCRA Rebate Dec. 1989 UseRESOLUTION RIOT M
A RESOLUTION AUTHORIZINGCITY STAFF TO CALCULATE AND POST A
CREDIT TO UTILITY CUSTOMERS' ACCOUNTS FOR THE PROCEEDS OF THE
REBATE RECEIVED FROM THE LOWER COLORADO RIVER AUTHORITY POR
DECEMBER, 1961, USAGE,
WHEREAS; the Lower Colorado River Authority (LCRA) has provided a
one-time rebate to the City of Georgetown for December, 1969,
electric usage, and
WHEREAS, The City Council of the City of Georgetown wishes to
rebate to the Ci,y's electric customers the rebate received from
LGP1,
NOW, THEREEOREr BE IT RE SOT BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWNF TESAS, THAT:
Section I;
The City's Director of Finance and Administration is directed to
calculate the rebate amount for each customer, based on electric
consumption which covers the period December 23; 1969 through
December 25, 19891 and on the rebate received from LORA, The
calculation shai' be based upon the ratio of each customer's
kilowatt hour total for the billing period to total billed
kilowatt hours trees the rebate amount_
Section II.
The City's utility ofdice is directed to credit each electric
account with the actual rebate amount calculated as provided Jr,
Section I, above.
Section III.
The City Council understands that the rebate calculation and
potting of rebate amounts for approximately 1,100 electric
accounts wily require substantial additionaI effect. ,owever,
city staff is hereby directed to complete these tasks on or
before February 28, 1990,
PASSED and APPROVED this { day of , 1990,
ATTEST:
Leslie Serene
Devuty cite Secretary
APPROVED,
:.,m Renn'euy, ,a'iayor
APPROVED AS TO FORMi
Diane Callander, City Attorney