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<br />, Ordinance No. 724
<br />By Mr. Oldham
<br />Ali ORDINANC.?. OFFEBING TO CONTRACT AND FIKING TEE
<br />MAXINJM RATES F08 ELECTRICITY IN. THE 9ILLAGE OF, NQftTH OLNSTSD,
<br />OHIO.. F08 A PEftIOD OF FOUR YEARS, SUBJECT 20 CANCEIIATION AFTER
<br />THE FIRST TGA YEM OF SASD TERK, -AND TO REPEAI, ORDINANCE
<br />rro. 690, PassED JuLY lb, 1946.
<br />WHERFASs an Jtiae 20, 1944, this Council passed Ordinance No. 642 atid
<br />on Ju]y 16, 1946,, passed ordinance No. 690,, fixing the maximum rates ior
<br />eleetrieity in the 9illage of North 0]msted for periods of two years each
<br />from the effective dates of said ordinances, and also providing for an ad-
<br />3mstmeat in sa,id rates to conYcrm to the lawful rates of The Cleveland Tlectric
<br />Illiminatin8 Company in the City of CleQeland, Ohio., during ssid periods of time.,
<br />as established by final determination of lawYul authoi-3.ty or by agreement
<br />betxeen the City of Cleveland and said Company: and
<br />WHEREA3, an May 12, 1947, the Council of the City of Clevaland passed
<br />Ordinsnce No. 842•,47, offering a contract to The Cleveland Elect'ric Illuminating
<br />Gompam,y whereby the lawful rates for electricity in the City of C1eReland would
<br />be settled sud/or fixed, as follows:
<br />(a) For the period of twro years beginniag JulY 7, 1944, in accordaiace
<br />with the order of The Public Utilities Com3,ssion of Ohio dated
<br />January 24, 1947, in Case No. 12604., being the appeal of The Cleveland
<br />Electric Ti lk=inAting CorApany troa Ordiaanca No. 33$-44 passed by the
<br />Council of the City of Cleveland May 22, 1944; and
<br />(b) For the period beginning Ju1y 71, 1g1i6, t,o the sffective date of
<br />said OrdinanEe No. $42.,47, aud for the period of four years fmm the
<br />eYfective date of said Ordinance No. 842..47, sub3eet to the right
<br />of cancellation after the first two years of said term, ia accordanee
<br />with the rates and the terms and cond3.tions contained in said
<br />Ordinance ATo. 842.47; arid
<br />WHMEAS, The Cleveland Electric Illwflinating Company has duly Piled with the
<br />Clerk of the Cowici.l, of the City of Clevelaad a xritten d eclaratic>n of its
<br />. intent to accept the ciYer contained in said Ordinance No. 81N2.-47, and
<br />, has alsc> filed a written acceptance of the same, xithin the tims arid in the
<br />• maaner provided therein for acceptance, ard thereby has entered int.e a valid
<br />and binding contract with the City of Cleveland; and
<br />WHEftEAS, said lawtul rates in the City of Cleveland, e stahtished as
<br />atoresaid, are the same rates as those fixed in Ordinances Nos, 642 and 690
<br />of this Ccvnei;l eaccept rates for Julp 1947 xith respect to which rates said
<br />settlemmt ordinance, Ato. 842-47, provides for a reduction in eharges for July
<br />1947 amunting to 88.5% of the March 1947 bill or the duly 1947 bi17., whichever
<br />is the greater, of each residential and general comomereail (a.c.) cvatomer; and
<br />WHFREAS, it is in the public interest that the rates for electricity
<br />Fcr residential and general comaercail use ia the Yillage of North Olmsted
<br />stsall continue t,o be tmiYorm with thoae in the City of Cleveland;
<br />BE IT ORDAINID SY THE COUIVCII, OF THE yILLAGE OF NORTH OLMSTED, OHIO:
<br />Seetion l. That if ary person, Yirm or corporation supp3jring elec-
<br />tricity for reaidentisl or general commercial use, bcth as hereinafter defined
<br />and provided, in the Village of North 0lmsted, sha]1 accept tbis ordinaace
<br />in xritiqg as bereinafter provided,, such persc>n., fira or corporatioa sha11 Proa
<br />and after the time when this ordinance sha11 tale effect, and tor a period of four
<br />year8 thereafter, unless the contract resultiug from acceptance of this orciinance
<br />is sccner terminated as hereinsfter provided, charge for electricity so supplied., eu-
<br />cept for special servi.ce tirhere the use of electricity is intermi.ttent or the load
<br />is of fluctuatiug character and where a special service comection is required,
<br />ond eoceept tor emergency sezwiee or for reserve service to another source of supply.,
<br />not to eaceed the following rate„ to wit:
<br />Residential - Applicable to a residential installation in a sing],e fa,mily
<br />house, a single suite 3n a multiple fami],y house, or a single suite in a multi-
<br />ple fami]y apartment. Any combination on one meter of twn or mpre residential '
<br />installations on the same, premises, or any combination on one meter of x?esidedtial a?nd,,
<br />installations on the same premises# 8hall.be claesified as commercial.
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