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HomeMy WebLinkAboutR2005-005S:IOur DocumentslResolutions\O5IAtmos Prudence Review.doc RESOLUTION No.!/J.OO5-tJtlS- RESOLUTION OF THE CITY OF DENTON, TEXAS AUTHORIZING A REVIEW OF THE REASONABLENESS AND PRUDENCE OF GAS PURCHASES AND EXPENDITURES OF TXU GAS COMPANY, NOW KNOWN AS ATMOS ENERGY CORPORATION, BETWEEN NOVEMBER 1, 2000 AND OCTOBER 31, 2003; AUTHORIZING THE CITY JOINING WITH OTHER SIMILARLY SITUATED CITIES IN A COALITION KNOWN AS THE ATMOS TEXAS CITIES ("ATM"); AUTHORIZING THE HIRING OF SPECIAL COUNSEL AND EXPERTS IN THE PURCHASE OR SALE OF GAS; AUTHORIZING THE INTERVENTION IN GUD DOCKET NO. 9530 AT THE RAILROAD COMMISSION AND RELATED PROCEEDINGS; REQUIRING THE REIMBURSEMENT OF REASONABLE LEGAL AND CONSULTANT EXPENSES; FINDING THAT THE MEETING COMPLIED WITH THE OPEN MEETINGS ACT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, on September 24, 2004 TXU Gas Distribution - Transmission filed with the Railroad Commission of Texas its Compliance with Gas Utilities Docket ("GUD") No. 8664 and Motion for Final Order; and WHEREAS, the filing was docketed at the Railroad Commission as GUD Docket No. 9530 and after TXU Gas was sold to Atrnos Energy Corporation the proceeding was styled as Atrnos Energy Corporation ("Atmos") - Transmission Gas Review; and WHEREAS, Atrnos must demonstrate in this filing that the gas costs or purchases between November 1, 2000 and October 31, 2003 by TXU Gas were reasonable and necessary and that the costs were prudently incurred; and WHEREAS, the Railroad Commission of Texas is empowered to order surcharges or refunds as a result of the review and investigation of said gas costs; and WHEREAS, it takes special expertise by both lawyers and consultants in order to assist the City with such a review; and WHEREAS, in order to maximize the efficient use of resources and expertise in reviewing, analyzing, investigating, and reconciling said gas costs it makes sense to coordinate the City's efforts with a coalition of similarly situated municipalities; and WHEREAS, a coalition of municipalities, known as the Alliance of TXU Municipalities ATM") has been active in gas utility ratemaking proceedings; and WHEREAS, in light of the sale ofTXU Gas to Atrnos Energy, the coalition known as the Alliance ofTXU Municipalities is now known as the Atrnos Texas Municipalities ("ATM"); and WHEREAS, the City will join with other cities participating in ATM in a steering committee in order to coordinate the hiring and direction of legal counsel and consultants working on behalf of ATM and the City; NOW, THEREFORE, S.\Our DocumentsIResolutions\O5IAtmos Prudence Review.doc THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION 1. That the statements set out in the preamble to this resolution are hereby in all things approved and adopted. SECTION 2. That the City is authorized to join with other cities in a coalition of cities known as the Atrnos Texas Municipalities ("ATM") with the understanding that the steering committee of ATM would provide direction and guidance to the lawyers who are representing said cities. SECTION 3. The City employs the Lawton Law Firm and the Law Offices of Jim Boyle, PLLC to represent the City in Railroad Commission GUD Docket No. 9530 and with regard to any administrative proceedings or court actions related thereto, and the City authorizes Special Counsel to employ, with the approval of the ATM Steering Committee, such rate experts as are necessary to assist them with regard to the review, investigation and possible filing of testimony in GUD Docket No. 9530. SECTION 4. The City authorizes Special Counsel to intervene on behalf of the City in GUD Docket No. 9530. SECTION 5. The City, in coordination with the Steering Committee, shall review the invoices of the lawyers and rate experts for reasonableness before submitting the invoices to Atrnos for reimbursement. SECTION 6. Atrnos shall reimburse the City, through the designated representative city of the Steering Committee, for the reasonable costs of attorneys and consultants and expenses related thereto, upon the presentation of invoices reviewed by the Steering Committee. 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 APPROVEn'" "" ¿sf d" of ,1¿ju¿~2005. u~ EUUNEBROCK,MAYOR Page 2 of3 S:\Our DocumentslResolutions\OSlAtmos Prudence Review.doc ATTEST: JENNIFER WALTERS, CITY SECRETARY BY ~ A' ~'-- WQQ ::b. I AJ APPROVED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY BY:IJJ;J¡j(l4 Page 3 of3