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HomeMy WebLinkAboutResolution 2820 A Resolution NO A RESOLUTION AUTHORIZING THE CITY OF FORT WORTH ("CITY") TO JOIN THE NORTH TEXAS METROPLEX DISTRIBUTION SYSTEM OF CITIES IN ANALYZING AND ASSESSING A STATEMENT OF INTENT TO CHANGE RATES FILED WITH THE CITY ON MARCH 1, 2002 WHEREAS, on March 1 2002 TXU Gas Distribution Company ("TXU Gas") filed with the City a Statement of Intent to Change Rates ("Rate Filing") and 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 North Texas Metroplex Distribution System that have also received Rate Filings have created the North Texas Metroplex Distribution System Consortium of Cities m order to analyze their Rate Filings jointly where possible, and to retain professional assistance for that purpose; and WHEREAS, rt is m the public interest for the Crty 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 authorize to loin the Consortium m order to analyze jointly with other Consortium members the basis of TXU Gas's Rate Filing and to utilize professional assistance provided to Consortium members, subject to the right of the City to terminate its participation in the Consortium at any time by written notice and to act independently m the exercise of the regulatory authority granted by Chapters 103 and 104 of the Texas Utilities Code. 2. That the City Manager or his designee is hereby authorized to represent the Crty on any steering 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 Resolution to the following: (i) on behalf of TXU Gas, Autry Warren, Rate Manager TXU Gas Distribution, 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 ~~ ~~-~2~'-~'~ 2002. ATTEST By Glona Pe on City Secre ary ~~R~v~o C~'Y ~~~NC~~. MAR 26 2002 Cr-gr ~ure~ a% ~:~ C,-c~ a~ E'cue ~~~, ~:~