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HomeMy WebLinkAboutR2017-004s:\legal\our documen ts\resolutions\17\gud10580-atm-atmos-intervention resolution rate case 2017.doc RESOLUTION • R2017-004 R SSSS., • • : • � '.: •SSSS.. ♦ • '.:R • •.. • • • ;• •.. • • • •all• 1.. • • ♦, R [ ♦ '., R ♦. R' • [ • ,SSSS THE . . '. ♦ SSSS. � • SSSS • �.. 1 : •' 1 1 R . / ♦ • R OPEN MEETINGS ACT;♦., MAKINGOTHER FINDINGS AND PROVISIONS R TO THE SUBJECT WHEREAS, Atmos Pipeline—Texas ("APT") filed a Statement of Intent with the Railroad Commission of Texas on or about January 6, 2017 to increase Rate CGS and Rate PT; and WHEREAS, APT plans to increase its revenue requirement by approximately $72.9 million, representing an increase of approximately 17.38%; and - impact on • on -• - basis,• • The customer charge in a customer's bill is the "Maximum Daily Quantity" ("MDQ"), multiplied by the capacity charges shown in the table above. Capacity Charges _.. Current Proposed _ _.... Current Usage Capacity Capacity Charge per Charge per Charge per MMBtu of MMBtu of Percentage . Rate Schedule Percentage Difference Increase Rate CGS ("City - _SSSS. w....,,, _,..m........ Gate Service") – Increase Rate CGS idTex $9.1275 $11.24146 $2.11396 23% Rate CGS ter $9.1275 $1„1 24146 ®$2.11396 23% Rate PT ("Pipeline $0.02785 Transportation") $4.8331 $7.70001 $2.86691 59% The customer charge in a customer's bill is the "Maximum Daily Quantity" ("MDQ"), multiplied by the capacity charges shown in the table above. Usage Charge _ _.... Current Usage Proposed .......... Charge per Usage Charge Percentage Rate Schedule per MMBtu Difference Increase Rate CGS _MMBtu_ id Tex $0.0276 $0.02785 $0.00025 1% Rate CGS – Other $0.0276$0.02785 $0.00025 1 % Rate PT.. $0.0163 .. $0.01325 _ ..($0.00305)._...., -19% s:\Iegal\our documents\reso I utions\17\gud]0580-atm-atmos-interventi on resolution rate case 2017.doc WHEREAS, APT seeks a Return on Equity (ROE) of 13.5%; a capital structure weighted toward equity — 59.83% Equity and 40.17% Debt; and WHEREAS, APT's rate request consists of a voluminous amount of information including APT's rate -filing package, exhibits, schedules, and work papers; and WHEREAS, in order to maximize the efficient use of resources and expertise in reviewing, analyzing and investigating APT's rate request and its changes in tariffs it is prudent to coordinate the City's efforts with a coalition of similarly situated municipalities; and WHEREAS, the City, in matters regarding applications by APT to change rates, has in the past joined with other local regulatory authorities to form the Atmos Texas Municipalities ("ATM") and hereby continues its participation in ATM; and WHEREAS, the City will require the assistance of specialized legal counsel and rate cxperts to review the merits of APT's application to increase rates; and WHEREAS, APT filed a statement of intent to increase rates with the Railroad X 3 i =m�w1wri-xf Xj�A,939_w&�Li E%,;rr-1,w=,;Ahx decision of the Railroad Commission of Texas will have an impact on the rates paid by the City and its citizens who are customers of APT, and in order for the City's participation to be meaningful, it is important that the City promptly intervene in such proceedings at the Railroad Commission of Texas, NOW, THEREFORE, SECTION 1. The findings set out in the preamble are in all things approved and incorporated herein as if fully set forth. SECTION 2. The City authorizes intervention in proceedings related to APT's Statement of Intent before the Railroad Commission of Texas and related proceedings, including in courts of law, as part of the coalition of cities known as the Atmos Texas Municipalities ("ATM"). SECTION 3. The City hereby orders APT to reimburse the City's rate case expenses as provided in the Gas Utility Regulatory Act and that APT shall do so on a monthly basis and within 30 days after submission of the City's invoices for the City's reasonable costs associate,,i with the City's activities related to this rate review or to related proceedings involving APT before the Railroad Commission of Texas or any court of law. SlIX '11ON 4. Subject to the right to terminate employment at any time, the City retains and authorizes the law firm of Herrera & Boyle, PLLC to act as Special Counsel with regard to rate proceedings involving APT before the Railroad Commission of Texas or any court of law ?.nd to retain such experts as may be reasonably necessary for review of APT's rate application subject to approval by the City. mm sAlegahour documents\resolutions\17\gud 1 0580 -atm -atmos -intervention resolution rate case 2017.doc SECTION 5. The City, or its designee member city in the Atmos Texas Municipalities, shall review the invoices of the lawyers and rate experts for reasonableness before submitting the invoices to APT for reimbursement. SECTION 6. A copy of this resolution shall be sent to APT, care of Mr. Charles R. Yarbrough, 11, 5420 LBJ Freeway, Suite 1557, Dallas, Texas, 75240; and to Mr. Alfred R. Herrera, Herrera & Boyle, PLLC, 816 Congress Ave., Suite 1250, Austin, Texas 78701. SECTION 7. The meeting at which this resolution was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. SECTION 8. This resolution shall become effective from and after its passage. PASSED AND APPROVED this the1A day of F'4) t 2017. CHRY,�"WATTS, MAYOR ATTEST: JE'LJLTIFEZ W4LLTE BY: Vi �t k ..�` a I Wn N In 111 -,A I LVA IL41 I Wff...'AA1111 0. BY: 3 of 3