0588 RESOLUTION NO. 588
WHEREAS, The Arkansas Power & Light Company and customer
intervenors entered into a Settlement Agreement dated September 16,
1976, in resolution of the proceedings in Federal Power Commission
Docket Nos. E-8250 and ER76-110; and,
WHEREAS, under the terms of said Settlement Agreement, the
Arkansas Power and Light Company filed a rate application before the
Federal Power Commission, which has been designated ER77-278; and
WHEREAS, representatives of the Arkansas Power & Light
Company and the customer intervenors, in resolution of the proceedings
in the Federal Power Commission Docket No. ER77-278, have agreed
on certain terms set out in a Settlement Agreement (a copy of which is
attached to and hereby made a part of this Resolution); and,
NOW, THEREFORE, BE IT RESOLVED, That the City Council
of West Memphis does hereby approve said Settlement Agreement in the
form and containing the terms previously negotiated, and attached to
this Resolution, and recommends its approval, and
THEREFORE, BE IT FURTHER RESOLVED, That the Mayor is
directed to file a copy of this Resolution and the attached Settlement
Agreement, dated June 2, 1977, with the City Clerk, and directed to
execute and carry out said Settlement Agreement for and on behalf of
the City Council.
PASSED AND APPROVED This 16th day of June , 1977.
90 412 didit a
Mayor
V
ATTEST:
City Clerk