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HomeMy WebLinkAboutRes 02-29 Denying TXU Gas Distribution’s Request to Change RatesTOWN OF WESTLAKE RESOLUTION NO. 02-29 A RESOLUTION OF THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS DENYING TXU GAS DISTRIBUTION'S REQUEST TO CHANGE RATES IN THE NORTH TEXAS METROPLEX DISTRIBUTION SYSTEM AND REQUIRING PROMPT REIMBURSEMENT OF CITIES' RATE CASE EXPENSES. WHEREAS, on or about March 1, 2002, TXU Gas Distribution, a division of TXU Gas Company filed with the Town of Westlake a Statement of Intent to change gas rates in all municipalities within the North Texas Metroplex Distribution System effective April 5, 2002; and WHEREAS, the Town of Westlake suspended the effective date of the proposed new rates for 90 days to evaluate the reasonableness of existing rates and the merits of TXU's proposed changes; and WHEREAS, the Town of Westlake participated with other municipalities in a comprehensive review of TXU Gas Distribution's application; and WHEREAS, consultants and counsel retained by the coalition of cities have recommended denial of the Company's application based upon a report from consultants demonstrating that the revenue requirement of the North Texas Metroplex Distribution System is being met under current rates; and WHEREAS, the recommendation has been endorsed by the Steering Committee of City representatives who have coordinated the review of TXU Gas Distribution's rate application; and WHEREAS, the Gas Utilities Regulatory Act provides that costs incurred by Cities in ratemaking activities are to be reimbursed by the regulated utility. NOW THEREFORE BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: The TXU Gas Distribution's Statement of Intent to change gas rates within the North Texas Metroplex Distribution System is in all respects denied. SECTION 2: The costs incurred by Cities in reviewing TXU's application be promptly reimbursed by the Company. SECTION 3: A copy of this resolution, constituting final action on TXU's application be sent to: Autry Warren, Rates Manager TXU Gas Distribution 1601 Bryan Street Dallas, TX 75201-3402 SECTION 4: That this Resolution shall become effective upon the date of its passage. PASSED AND APPROVED ON THIS 24TH DAY OF JUNE 2002. ATTEST: Ginger Crosswy, Town Secre APPROVED AS TO FORM: 1 anton Lowry, Town Attorney Scott Bradley, Mayor Trent O. Petty, Town MaAager