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257289 ORIGINAL TO CITY CLRR 25`72�9 , ' F S7`. PAUL FLE NC'� NO. � OFFICE OF THE CITY CLERK . � -� C CIL RESOLUTION--G NERA�L FORM . PRESE D B1F C- L J COMM IONE LVED, by the Co c' of the City of Saint paul that it express its disagreement with the Report, Finding�s of Faet, 811t� C�AG�.118j.�AS a�d �rder of the Pttblic 3ervic� Co�maissios of the State of lwiianesota, dated Ja�nary 25, 1972, whereiA said eommission did gr�nt additional revenues of $34,U25,72�.0A to the �iorthwestera Bell Telephone Co�pany and did per�it a revision of the rates to provide s�eh reveames throughont the �tate of Mirinesota, ba�iag s�ch disaqreement on the detern�ination and the recommendatioa of the 3taff of the Public Service Com�ission that an amc�unt of $12,377,AU0.8m was a proper, equitable, and fair increase of reven�tes to satisfy the req�ire- ments of the I�ort�iweatern Bell Telephone Company, a wholly owned subsidiary of the Aneric�n �elephoae ��d Telegraph �ompany, is maintainiag the fiaancial integrity of the enterprise, pera�itting the enterprise to attr�et the capital it aeeds to serve crostomers, aad proniding a ret�rn to ita� equity owAers �nnd its parent orga- nizatio� that is comnaensurate with ret�rns on the secured invest- ments in other snbsidiaries ha�i.ng corresponding risks; and be it further RESOLVED, that the office of tbe Corpc�ration �onnsel of the City of Saint Paul s�all provide its full suppert to the Attoraey General of th� State ot Minnesota aad all aad any partiea which actively partieipate in the proeeeding: hereafter either i8 seeking amended fi�dings, eoncl�sions, aad order before the � Coamaission, in �ppemliag tc� the conrts of tl�e State of Minnesota, ' or ip seeking redress from the Pre�ident' s Cost of Living Co�cil � � or Pay Board and Price CommissioA with the expectatioa that sucla ° snpport shall lend its per:masioa and assistz�nce in f�rthering � ►- a more s�itable, just, and fair disposzl of the issn�s iawolved o �nd a lesseaing of the b�rden o� the �oms�ers of the City of � Sai�t Panl and State of Minn�:ota. � � O � `` FEB 3 COUNCILMEN Adopted by the cou��i 197 9— Yeas Nays Butler FEg 4 1972 19_ ��oa Conw�y Approve�l Levine �n Favor -�r�i�"'� Sprafka J �tltl Mayor Tedesco A Sainst �le�SHED FEB 121972 Mr. Vice President fVlered�th � o���,��T�,��,� 25'7289 , CITY OF ST. PAUL ��"p� NO OFFICE OF THE CITY CLERK - COUNCIL RESOLUTION—GENERAL FORM .���� COMMISSIONEQ DATG �tESOL�, by th� Counail of th� City o� Saint paul that it �xpr�+s� its di�sq�c�nt with th� R�pc�rt, l�inding� o! �'aat, aad Concla�ioAa and Order of ths Public S�rvic� Coa�is�ion of th� Stat� ot Iti�na��otat, dated January 33, 197Z, wb�s�1A ssid ao�ia�ion did qrant additional rw�ntu• o� «34,025,7Z0.00 to the Yosthw��t�r� 8�11 T�i�phons Co�pany sad did p�z�mit a r�vi�ion o! tha rat�• to provid� stsab rw�nws thro�¢hont th� Stat� ot lsinn���ots, ba�inq such di�agr�aaent on t2i� d�t�ivation . and th� r�oom�datieu� of t3� itaft of the i+v�blia S�xvie� Ccoia�ion that an a�no�s►t o� ;1Z,377,000.00 � a proper, squitabl�, snd fair iner.��s c! r�v�niu• to �atisty ths rrqnir�- rnt� o! the �rth�r��t�rri 8�11 Ttl�phon� Compaay, a wholly owa�d s�b�idiary of t�e 1�1a�tricsu Tel�phoa� aad T�l�Qrapll Co�any• in �saintai.ainq the tinaACial int�qrity o! th� wtsrpri�e, p�rsittinq th� �Aterpri�� to attract th� a=►pital it nNd� to s�rv� cnatom�s�, and prcyvidinq a r�tura to it� �qnity awn�r� a� ita pasynt orqa- nisation th:t i� co�sura� Mith s�tv�rz►s on th� a�anr�d inwst- � m�r►t� ia othsr •nbsidiari�• haviuq oarr��pondin9 ai�k�i and 'b� it farth�r Rl�8pLV3D, tbat th� offiv ot � Corporation Couuas�l o! th� City o! Stiat Fanl �ball provid� its lutll �apport to th� 1►ttosn�y �ral o! ths 8tat� o! Minnssota snd ail snd auay parti�� whiah aatiwly piurticipat� ia th� p=ooa�dinqs h�naltsr �it�or in � ���kinq aMnd�d liudinq�, eonclwio��, and ord�r b�for� fihh� Co�isaioa, ia app�alfng to tUe oonsts o! t'h� 8ta� of M�nsaota, or ia as�kinq r�dr��s lrom tho �rssid�at�• Co�t of Livinq Couuail or pay �c�ud u�id price Ct�lf���OA M��1 t�le sxp�etatioa th�t �ncah � �upport �hall l�nd its p�ra�asion and a��istaue� in lurt23�rinq a aor� �uitabl�, jwt, and tsir di�posal ot th� iaan�� involv�d aud a lo�s�niug ot th� burd�a on th� eaon��r� of the City ot . Saint Panl and Stat� of Kina��ofi�. FE8 3 1972 COUNCILMEN Adopted by the Council 19_ Yeaa Nays But�er FE8 4 1972 fdio�t CEfnt�ray AF�oe� 19— ��e T� Favor � Mayor Sp� O A o0A1_TAt Tedesco Mr. Vice President Mered�th �� � Ffis No. �p g� � v�}, tn .. ;. �aeoti�.�W t I�C�/�' . ir aft�a. - �y� i Y".: i� '� � a � � : e ' . �•` 5t. Pafal; s subiect�p Lv to;�►e i�ip 'x' �ditions i�nck�# , 1. That t�e v� ��' � the terms �l:. � � ti 8s8 of ' ti Cod�e; e$� ". a �. _� o�f 1 � i.o#. �►�!! � � A� � �'� � � � ,���k " _ .� ,PaupL� t �v'ilde� �. ra�ion. � I1��1OPtaR bY`�the Co ` ��, � I ADP='OVed FebruesY 4, I�4t. (!'ebruai'Y 13. 1!7'1) I � 1