Loading...
HomeMy WebLinkAboutResolution No. 2003-22 RESOLUTION NO. R2003-22 RESOLUTION OF THE CITY OF FRIENDSWOOD AUTHORIZING INTERVENTION IN TEXAS-NEW MEXICO POWER COMPANY'S PETITION TO RECONCILE FUEL COSTS INCURRED DURING THE PERIOD JANUARY 2000 — DECEMBER 31, 2001 FILED AT THE PUBLIC UTILITY COMMISSION OF TEXAS AND ASSIGNED DOCKET NO. 27576, AUTHORIZING THE JOINING WITH OTHER INTERVE1vING CITIES TO PROTECT MUlvICIPAL AND RATEPAYER INTERESTS; AUTHORIZING THE HIRING OF ATTORNEYS AND CONSULTANTS; AND REQUIRING REIMBURSEMENT OF THE CITIES' RATEMAKING COSTS. * � * � * * WHEREAS, the City of Friendswood is a regulatory authority under the Public Utility Regulatory Act ("PURA") and has exclusive original jurisdiction over the rates and services of Texas-New Mexico Power Company ("TNMP" or "Company") within the municipal boundaries of the city; and WHEREAS, TNMP filed an application with the Public Utility Commission ("PUC") on or about April 1, 2003 to reconcile fuel costs incurred during the period January l, 2000 — December 31, 2001; WHEREAS, TNMP's application, if granted, effects all retail customers of TNMP who pay fuel costs through a fixed fuel factor, including the City of Friendswood and residents and businesses located within the municipal limits of the City of Friendswood; WHEREAS, the Company's fuel reconciliation filing seeks PUC approval of fuel related contracts; and R2003-22 WHEREAS, T`NMP asserts that the fuel costs incurred during the reconciliation period were reasonable and necessary to provide reliable electric service; WHEREAS, any over-recovery balance and fuel costs found by the Commission to be unreasonable will be used to offset TNMP's stranded costs; WHEREAS, pursuant to PURA § 33.025, the City of Friendswood has standing to intervene in PUC proceedings relating to the provision of electric service to the City; and WHEREAS, the interests of the City of Friendswood and the electric customers residing within municipal boundaries can be protected most effectively by intervention in Docket No. 27576. . NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD,TEXAS: Section 1. The City is authorized to intervene in TNMP's fuel reconciliation filing at the Public Utility Commission of Texas, Docket No. 27576. Section 2. The City is authorized to join other cities served by TNMP to coordinate efforts to protect the interests of the City of Friendswood and protect the interests of T`NMP's customers residing and conducting business within municipal limits. Section 3. Subject to the right to terminate employment at any time, the City of Friendswood hereby authorizes the hiring of Geoffrey Gay and Steven Porter of the law firm of Lloyd, Gosselink, Blevins, Rochelle, Baldwin & Townsend, and qualified consultants and witnesses as may be necessary to review TNMP's filings, to represent the City of Friendswood at the PUC and to prosecute any appeals as directed by the City. Section 4. Fees and expenses incurred by the City of Friendswood in this ratemaking matter shall be promptly reimbursed by T`NMP pursuant to the Public Utility Regulatory Act. R2003-22 PASSED,APPROVED AND RESOLVED this 21st day of April,2003. � Harold L. itaker Mayor ATT T: s _� , , City Secretary R2003-22