HomeMy WebLinkAboutCC Res 1883 1970-08-24
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AGENDA ITEM #1~
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RESOLUTION NUMBER I Rtf'.3
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SEAL BEACH, CALIFORNIA, PROTESTING A RATE
INCREASE FOR GENERAL TELEPHONE COMPANY OF
CALIFORNIA.
WHEREAS, General Telephone Company of California has filed an
application with the California Public Utilities
commission for a general rate increase amounting to
$66,000,000 annually 7 and
WHEREAS, General Telephone company of California was previously
granted a permanent rate increase of $12,200,000 which
will become fully effective in 19717 and
WHEREAS, An additional application for $4,400,000 is presently
pending 7 and
WHEREAS, General Telephone Company of California now shows a
net income of eleven per cent (11%) per telephone7
NOW, THEREFORE, be it resolved by the City Council of the City
of Seal Beach that this City Council protests further rate
increases by General Telephone Company at this time.
BE IT FURTHER RESOLVED that a copy of this resolution be forwarded
to the California Public Utilities Commission.
PASSED, APPROVED, AND ADOPTED by the City Council of the City of
Seal Beach, California, at a meeting thereof held on the ~ day
of August, 1970, by the fOl~ow}ng vote: Ii. ~/ .;:hI"?:. ~
AYES: councilmenL-;, '::J'~, ~,~ .7:t ~_IJ~
NOES: Councilmen ~~~ -
ABSENT: Councilmen ~
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