RES NO 06-03-1980 4 -IqCO)
CITY OF VAN BUREN, ARKANSAS
RESOLUTION NO." .3 .6 1980
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A RESOLUTION OPPOSING THE OKLAHOMA ELECTRIC1COMPANY'S
PETITION -FOR AN INCREASE IN ELECTRIC RATES.
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WHEREAS, The Oklahoma Gas and Electric Company, (0 G E),
an:Oklahoma corporation; has petitioned the Arkansas
.Public Service Commission for about. a $17,300,000.00
increase in electric rates,• -and
WHEREAS, At the present time there as a built -in rate increase
based 'a fuel adjustment fadtor,"and
WHEREAS, Electric rates are increasing at an alarming -rate, and
WHEREAS, people on a fixed income have a hard time in paying
their utility bills and providing for the necessities
of life, and
WHEREAS, The highest part of this rate increase is an increase
in Municipal Lighting of 149.3% over a five year period..
Thus, for the City to-cut street lighting or for their
taxing the people.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN
BUREN, ARKANSAS:
1. THAT the City of Van Buren, Arkansas, is opposed.to
the $17,300,000 -.00 rate increase and authorizes and
directs the Mayor to-take such steps as he deems ad-
visable to represent -the people of Van Buren, Arkansas,
in this matter.
2. THAT a copy of this•Resolution be filed with the
Arkansas Public Service Commission and Oklahoma Gas
and Electric Company.
PASSED AND APPROVED THIS 16th DAY OF June 19 80
MAYOR
.ATTESTED::"
CI Y CLERK- TR'ASURE•
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