HomeMy WebLinkAboutResolution No. R2023-12RESOLUTION NO, R2023-12
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD,
TEXAS, SUSPENDING THE MAY 1, 2023, EFFECTIVE DATE OF THE PROPOSAL
BY CENTERPOINT ENERGY RESOURCES CORP., D/B/A CENTERPOINT
ENERGY ENTEX AND CENTERPOINT ENERGY TEXAS GAS — TEXAS COAST
DIVISION, TO IMPLEMENT INTERIM GRIP RATE ADJUSTMENTS FOR GAS
UTILITY INVESTMENT IN 2022; REQUIRING DELIVERY OF THIS RESOLUTION
TO THE COMPANY AND LEGAL COUNSEL; AND PROVIDING FOR AN
EFFECTIVE DATE.
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WHEREAS, the City of Friendswood, Texas ("City") is a gas utility customer of CenterPoint
Energy Resources Corp., d/b/a CenterPoint Energy Entex and CenterPoint Energy Texas Gas —Texas
Coast Division, ("CenterPoint" or "the Company") and a regulatory authority with an interest in the rates
and charges of CenterPoint; and
WHEREAS, CenterPoint made filings with the City and the Railroad Commission of Texas on
March 2, 2023, proposing to implement interim rate adjustments ("GRIP Rate Increases") pursuant to
Section 104.301(a) of the Texas Utilities Code on all customers served by CenterPoint, effective May 1,
2023; and
WHEREAS, it is incumbent upon the City, as a regulatory authority, to examine the GRIP Rate
Increases to determine its compliance with the Texas Utilities Code; NOW THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE
OF TEXAS:
Section 1. That the May 1, 2023, effective date of the GRIP Rate Increases proposed by
CenterPoint is hereby suspended for the maximum period allowed by Section 104.301(a) of the Texas
Utilities Code to permit adequate time to review the proposed increases, analyze all necessary
information, and take appropriate action related to the proposed increases.
Section 2. That the City Secretary is hereby directed to send a copy of this resolution to
CenterPoint, care of Keith L. Wall, at I I I I Louisiana Street, CNP Tower 19th Floor, Houston, Texas
77002 and to Thomas Brocato, legal counsel to the City, at Lloyd Gosselink, 816 Congress Ave., Suite
1900, Austin, Texas 78701.
Section 3. This resolution shall be effective immediately upon its passage and approval.
PASSED, APPROVED and ADOPTED by the affirmative vote of the City Council of the City of
Friendswood on this the 3`d day of April, 2023. �) , r , ,�
ATTES
LET IA BRYSCH, City Secre
APPROVED AS TO FORM:
K�NIMN ER, City Attorney
HACity Council\R"olulions\2023\04-03-2023\2023 CenterPoint Texas Coast Division GRIP Suspension Resolution.doe