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HomeMy WebLinkAboutResolution No. 2016-08 RESOLUTION NO. R2016-08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS, SUSPENDING THE MAY 30, 2016, EFFECTIVE DATE OF THE PROPOSAL BY CENTERPOINT GAS TEXAS COAST DIVISION TO IMPLEMENT INTERIM GRIP RATE ADJUSTMENTS FOR GAS UTILITY INVESTMENT IN TEXAS AND REQUIRING DELIVERY OF THIS RESOLUTION TO THE COMPANY AND LEGAL COUNSEL. WHEREAS, the City of Friendswood, Texas ("City") is a gas utility customer of CenterPoint 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 ("Railroad Commission") on March 31, 2016, proposing to implement interim rate adjustments ("GRIP Rate Increases") pursuant to Texas Utilities Code § 104.301 on all customers served by CenterPoint, effective May 30, 2016; 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. THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS: Section 1. The May 30, 2016, effective date of the GRIP Rate Increases proposed by CenterPoint is hereby suspended for the maximum period allowed by Texas Utilities Code § 104.301(a) to permit adequate time to review the proposed increases, analyze all necessary information, and take appropriate action related to the proposed increases. Section 2. A copy of this Resolution shall be sent to CenterPoint, care of Thomas D. Stevens, Director of Regulatory Affairs at CenterPoint Energy, 1111 Louisiana Street, Houston, 82016-08 1 Texas 77002-5231, and to Thomas Brocato, legal counsel to the City, at Lloyd Gosselinlc, 816 Congress Ave., Suite 1900, Austin, Texas 78701. PASSED,APPROVED, AND ADOPTED this the 2"d day of Mav,2016. Kevin M. Holi d Mayor } ATTEST: • O Melinda Welsh, TRMC :a: : City Secretary :*t .•N�, C�I . "9T OF ... 82016-08 2