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HomeMy WebLinkAboutR2002-024RESOLUTION DENYING TXU GAS DISTRIBUTION'S REQUEST TO CHANGE RATES IN THE NORTH TEXAS METROPLEX DISTRIBUTION SYSTEM AS RECOMMENDED BY THE COALITION OF CITIES' CONSULTANTS AND COUNSEL; REQUIRING PROMPT REIMBURSEMENT OF THE CITIES' RATE CASE EXPENSES; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on or about March 1, 2002, TXU Gas Distribution, a division of TXU Gas Company filed with the City of Denton a Statement of Intent to change gas rates in all municipalities within the North Texas Metroplex Distribution System effective April 5, 2002; and WHEREAS, by passage of the Resolution No. 2002-010 on March 26, 2002, the City of ' Denton suspended the effective date of the proposed new rates for 90 days to evaluate the reasonableness of existing rates and the merits of TXU's proposed changes; and WHEREAS, the City of Denton participated with other municipalities in a comprehensive review of TXU Gas Distribution's application; and WHEREAS, on June 18, 2002, the City Council held a public hearing to receive public comment and to take evidence on TXU Gas Distribution's application to change gas rates; and WHEREAS, consultants and counsel retained by the coalition of cities have recommended denial of the Company's application based upon a report from consultants demonstrating that the revenue requirement of the North Texas Metroplex Distribution System is being met under current rates; and WHEREAS, that recommendation has been endorsed by the Steering Committee of city representatives who have coordinated the review of TXU Gas Distribution's rate application; and WHEREAS, after receiving evidence and public comment at the public heating, the City Council deems it in the public interest to deny TXU Gas Distribution's Statement of Intent to change gas rates; and WHEREAS, the Gas Utilities Regulatory Act provides that costs incurred by Cities in ratemaking activities are to be reimbursed by the regulated utility; NOW, THEREFORE; THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY RESOLVES: SECTION 1. That TXU Gas Distribution's Statement of Intent to change gas rates within the North Texas Metroplex Distribution System, including the City of Denton, be in all respects denied. SECTION 2. That the costs incurred by the Cities in reviewing TXU's application be promptly reimbursed by the Company. SECTION 3. That the City Secretary is hereby directed to send copies of this resolution, constituting final action on TXU's application to Autry Warren, Rates Manager, TXU Gas Distribution, 1601 Bryan Street, Dallas, TX 75201-3402 and G. Gail Watkins of Akin, Gump, Strauss, Hauer & Field, 818 Congress Ave., Suite 1900, Austin, TX 78701. SECTION 4. This resolution shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the /~ ~---.~a3z-of ~q.~_~ ,2002. ATTEST: JENNIFER WALTERS, CITY SECRETARY APPROVED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY Page 2