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HomeMy WebLinkAboutResolution No. 2015-07 RESOLUTION NO. R2015-07 A RESOLUTION OF THE CITY OF FRIENDSWOOD, TEXAS FINDING THAT CENTERPOINT ENERGY ENTEX'S ("CENTERPOINT" OR "COMPANY") STATEMENT OF INTENT TO INCREASE RATES FILING 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 LEGAL COUNSEL. WHEREAS, the City of Friendswood, Texas ("City") is a gas utility customer of CenterPoint Energy Entex, Texas Coast Division ("CenterPoint" or "Company"), and a regulatory authority with an interest in the rates and charges of CenterPoint; and WHEREAS, the City is a member of the Gulf Coast Coalition of Cities ("GCCC") (such participating cities are referred to herein as "GCCC"), a coalition of similarly situated cities served by CenterPoint that have joined together to efficiently and cost effectively review and respond to natural gas issues affecting rates charged in the CenterPoint's Texas Coast Division service area; and WHEREAS, on or about March 27, 2015, CenterPoint filed with the City a Statement of Intent to Increase Rates seeking to increase natural gas rates by $6.77 million annually and to all customers residing in the City; and WHEREAS, GCCC is coordinating its review of CenterPoint's Statement of Intent filing and designated attorneys and consultants to resolve issues in the Company's filing; and WHEREAS, through review of the application, GCCC's consultant determined that CenterPoint's existing rates are excessive; and WHEREAS, the GCCC's members and attorneys recommend that GCCC members deny the Statement of Intent; and NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS: Section 1. That the rates proposed by CenterPoint 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. That the Company shall continue to charge its existing rates to customers within the City. Section 3. That the City's reasonable rate case expenses shall be reimbursed in Rill by CenterPoint within 30 days of the adoption of this Resolution. Section 4 . That 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. That a copy of this Resolution shall be sent to CenterPoint and to Thomas Brocato, General Counsel to the Gulf Coast Coalition of Cities, at Lloyd Gosselink Rochelle & Townsend, P.C.,P.O. Box 1725, Austin, Texas 78767-1725. PASSED AND APPROVED this 6th day of AR22,2015. Kevin M.! lland ATTEST: ;dQ !y•. Mere h, T RMC� '� �•, City Secretary �j ''•.......�' �P: 9TF OF �,• R2015-07 2