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HomeMy WebLinkAboutResolution 2954~~ A Resolution NO f ~~~~''' r tJ 3. AUTHORIZING THE CITY OF FORT WORTH TO,JOIN A '~ '- CONSORTIUM OF CITIES SERVED BY TXU GAS COMPANY IN ANALYZING AND ASSESSING A STATEMENT OFfI=LATENT TO CHANGE RATES FILED BY TXU GAS COlVIPANY-' ~, h ~ ~ M ` ~ s L WHEREAS, on May 23 2003 TXU Gas Company ("TXU Gas") filed with the City of Fort Worth ("City") a Statement of Intent to Change Rates ("Rate Filing"-), anti ~- ~i' WHEREAS, pursuant to Chapters 103 and 104 of the Texas Utilities Code the City is required, among other things, to (i) analyze TXU Gass Rate Filing and (ii) make a reasonable determination of TXU's rate base, expenses, investment and rate of return in the City and WHEREAS, other municipalities served by TXU Gas s distribution system that have also received Rate Filings have created a consortium m order to analyze their Rate Filings ~omtly where possible, and to retain professional assistance for that purpose ("Consortium") and LEAS, rt is in the public interest for the City to loin the Consortium and share m the benefits accruing therefrom rather than to analyze and assess TXU Gas s Rate Filing on its own, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH 1. That the City is hereby authonze to join the Consortium m order to analyze ~omtly with other Consortium members the basis of TXU Gas's Rate Filing and to utilize professional assistance provided to Consortium members, subject to the nght of the City to ternunate its participation in the Consortium at any time by wntten notice and to act independently in the exercise of the regulatory authonty granted by Chapters 103 and 1.04 of the Texas Utilities Code. 2. That the City Manager or 1us designee is hereby authorized to represent the City on any steenng committee that maybe elected or appointed by Consortium members to govern the Consortium. 3. The City Secretary is hereby directed to deliver a certified copy of this Resolurion to the following: (i) on behalf of TXU Gas, Autry Warren, Rate Manager TXU Gas Company 1601 Bryan Street, Dallas, Texas 75201 3402 and (ii) on behalf of the Consortium, Mr Jay B. Doegey City Attorney City of Arlington, Post Office Box 231 Arlington, Texas 76004-0231 AND IT IS SO RESOLVED. Adopted this / ~ day of , 2003 ~~~w ~``~ ATTES '~''~ '' ~ ° ~ ¢~' ~. By- Ya~Pearso ~'' Secret .~ ^ 4 « ~ ~~ ~~~~T ~~` ~° I `~ ~' :~ ~Yl'~'~S47CTE3bL]T O~ ~lR 1?`* r:f = n:,r rn?C:Yt~'t. TRlXS9