HomeMy WebLinkAbout1991-057
r
("
r
RESOLUTION NO. 91-57
OBJECTION TO RATE INCREASE
BY NORTHERN STATES POWER CO.
WHEREAS, Northern States Power Company ("NSP") has filed for an electric rate
increase with the Minnesota Publ ic Util ities 'Conunission ("PUC"); and
WHEREAS, the State and National economy is in a severe recession and many
businesses have failed or have suffered losses in earnings; and
WHEREAS, the proposed rate increase will provide NSP with excessive earnings
when compared to other businesses throughout the Nation;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Stillwater
that the City of Stillwater hereby objects to the rate increase requested by
NSP and recommends that the PUC deny said increase on the basis that the
increase is unreasonable and will create excessive earnings by NSP.
Adopted by Council this 2nd day of April, 1991.
ATTEST:
i/4
~YlItcl ~/IA-"A~
, L:E
~~1~