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1977R16- Rate Adjustment Guadalupe Valley Electrical Cooperative (GVEC) ~ c=" ". ~ ~~. ~ ';7- K-)(o RESOLUTION 77-R-16 A RESOLUTWN EXTENDING THE SUSPENSION OF A RATE INCREASE REQUESTED BY GUADALUPE VALLEY ELECTRICAL COOPERATIVE (GVEC) FOR AN ADDITIONAL THIRTY DAYS. WHEREAS, the City Council of the City of Schertz has previously suspended a requested electric rate increase for 120 days; and WHEREAS, the City Council has conducted one Pulbic Hearing on this matter; and WHEREAS, additional information is still required from GVEC, now therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS, that The rate increase requested by Guadalupe Valley Electrical Cooperative be suspended for thirty days; and that a GVEC representative present the City Manager with documentation showing justification for a rate increase; and that a GVEC representative appear at a near future Council Meeting to address the Council on the requested increase. PASSED AND APPROVED this :J- day 0 f (J~(J<A./lJ' . 19 /J '1 . ;;;i;:/-(? ~~ ATTEST: Mayor, City of Schertz, Texas (SEAL)