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HomeMy WebLinkAbout23-2229FILE REFERENCE FORM X Additional File Exists Additional File Contains Records Not Public, According to the Public Records Act Other FILE(S)Date Initials 12-£'z3 1 c‘3- 157b RESOLUTION NO. 23-2229 A RESOLUTION OF THE CITY OF DENTON, TEXAS FINDING THAT COSERV GAS, LTD.’S STATEMENT OF INTENT TO INCREASE GAS RATES WITHIN THE CITY SHOULD BE DENIED; FINDING THAT THE CITY’S REASONABLE RATE CASE EXPENSES SHALL BE REIMBURSED BY THE COMPANY; FINDING THAT THE MEETING AT WHICH THIS RESOLUTION IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; REQUIRING NOTICE OF THIS RESOLUTION TO THE COMPANY AND THE CITY’S LEGAL COUNSEL; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Denton, Texas (“City”) is a gas utility customer of CoSew Gas, Ltd. (“CoServ” or “Company”) and is a regulatory authority under the Gas Utility Regulatory Act (“GURA”) with exclusive original jurisdiction over CoServ’s rates, operations, and services within the City; and WHEREAS, the City cooperated with a coalition of similarly situated cities served by the Company that have joined together to facilitate the review and response to natural gas issues affecting the rates charged in CoServ’s service area (“CoServ Gas Cities” or “Steering Committee of Cities Served by CoSew Gas, Ltd.”); and WHEREAS, on or about July 28, 2023, CoSew filed with the City a Statement of Intent to Increase Rates seeking to increase natural gas rates by $10.3 million annually in incorporated areas; and WHEREAS, the City passed Resolution No. 32-1573 to suspend the effective date of CoServ’s requested rate increase for 90 days, the maximum period allowed by law; and WHEREAS, CoSew Gas Cities hired and directed legal counsel and consultants to prepare a collective response to the Company’s requested increase, which resulted in a conclusion that CoServ’s proposed rates are not reasonable; and WHEREAS, CoServ Gas Cities’ attorneys recommend that members deny the requested increase; and WHEREAS, GURA § 103.022 provides that costs incurred by CoSew Gas Cities in ratemaking activities are to be reimbursed by the regulated utility. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES : Section 1. The rates proposed by CoSew to be recovered through its gas rates charged to customers located within the City limits, are hereby found to be unreasonable and shall be denied. Section 2. The Company shall continue to charge its existing rates to customers within the City. I Section 3. The City’s reasonable rate case expenses shall be reimbursed in full by C:oServ. Section 4. It is hereby officially found and determined that the meeting at which this Resolution is passed is open to the public as required by law and the public notice of the time, place, and purpose of said meeting was given as required. Section 5. A copy of this Resolution shall be sent to CoSew, care of Charles Harrell, CoServ Gas, Ltd., 7701 South Stemmons Freeway, Corinth, Texas 762 10 (Chanell@cosew.com); and to Thomas Brocato, counsel for CoServ Gas Cities, Lloyd Gosselink Rochelle & Townsend, P.C., 816 Congress Avenue, Suite 1900, Austin, Texas 78701 (tbrocato@lglawfirm.com) . The motion to approvg this resolution was made by Brian Bt ok and seconded by v,'efL', BvrJ ; this resolution was passed and approved by the following vote []2 - a: Aye Nay Abstain Absent Mayor Gerard Hudspeth:,/ / \/ -L V/ /‘ Vicki Byrd, District 1 : Brian Beck, District 2 : Paul Meltzer, District 3 : Joe Holland, District 4: Brandon Chase McGee, At Large Place 5 : Chris Watts, At Large Place 6: PASSED AND APPROVED this the 5 + '~ day of 'i)c ccf-\h r , 2023. GnR ISO L\\\\111111/ ATTEST: JESUS SALAZAR, CITY SECRETARY APPROVED AS TO LEGAL FORM: MACK REINWAND. CITY ATTORNEY '- BY: