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Res 89-02 Supporting Southwestern Bell Telephone’s “Texas First” ProposalRESOLUTION NO. 2-89 WHEREAS, Southwestern Bell Telephone has presented to the Board of Aldermen of the Town of Westlake the company's "Texas Firsts' proposal; and WHEREAS, the Board of Aldermen supports the "Texas First" proposal provided certain conditions are met; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS: That the Town of Westlake supports Southwestern Bell Telephone's "Texas First" proposal provided that: 1. Texas customers will not see an increase in their basic local service rates for five years. 2. That four -party service will be eliminated over a five-year period. 3. That optional calling scopes around some metropolitan areas, and specifically the Dallas -Fort Worth area, will be expanded. 4. That Southwestern Bell will be allowed to earn a return on its Texas investment within a range of 11 to 13 percent, and that 50% of any profit in excess of 13 percent will be returned to the telephone subscribers. PASSED AND APPROVED this 6th day of February, 1989. 1e White, Mayor Town of Westlake ATTEST: Gerry Whine Tdwn Secretary