Resolution 2635 RESOLUTION NO. 2635
WHEREAS, it is the opinion of the City Council of the
City of Miami Beach, that the rate now in force for Gas at
f .'Y Miami Beach furnished by the Peoples Gas Company and the rate
for electric current at Miami Beach furnished by the Florida
Power & Light Company, and the rate for telephone service at
Miami Beach, furnished by the Southern Bell Telephone and
Telegraph Company, is far in excess of the cost of production
and/or rendering the service plus depreciation on equipment
and a reasonable interest on the fair market values of the
properties and other proper expense.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF MIAMI BEACH, FLORIDA, that the said Peoples Gas
Company, Florida Power & Light Company and the Southern Bell
Telephone and Telegraph Company be and each of them are
hereby ordered and directed to show cause before the City
Council of the City of Miami Beach, Florida, within thirty
days from the service of a copy of this resolution upon them,
why said rates should not be reduced to a fair and equitable
rate both to the consumer and to the Company.
BE IT FURTHER RESOLVED that a certified copy of this
resolution be served forthwith upon each of the aforesaid
companies by the City Clerk.
PASSED AND ADOPTED this 7th day of June, A. D., 1933.
-
/ President of City Council
ATTEST:
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City Clerk
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