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HomeMy WebLinkAboutResolution No. 2020-12 RESOLUTION NO. R2020-12
A RESOLUTION BY THE CITY OF FRIENDSWOOD,
TEXAS, SUSPENDING THE MAY 4, 2020 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 2018 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 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("Railroad Commission") in March 2020, proposing to implement interim rate adjustments
("GRIP Rate Increases") pursuant to Texas Utilities Code § 104.301 on all customers served by
CenterPoint, effective May 4, 2020; 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, TEXAS:
Section 1. That the May 4, 2020, 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. That a copy of this Resolution shall be sent to CenterPoint, care of Keith L.
Wall, at 1111 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.
PASSED,APPROVED AND ADOPTED this the 6th day of April,2020.
IdAd /a . /AAA
ike Fo .
Mayor
ATTEST:
•�y OF FRIF.O
• N .
••
Melinda Welsh, TRMC :* .v
City Secretary • N o� • •
. .9 .
R2020-12 2