HomeMy WebLinkAboutResolution 2201A Resolution ~~ ~ /
A RESOLUTION AUTHORIZING THE EXECUTION OF THE STANDING
STEERING COIdIIKITTEE PARTICIPATION AGREEMENT
WHEREAS, the cities in the service area of Texas Utilities
Electric Company have worked together collectively in a coalition
to participate in the r"egulatory process to assure electric rates
charged were just and reasonable; and
WHEREAS, the nature of electric utility regulation is
undergoing substantial change as a result of state and federal
legislation; and
WHEREAS, there remains a need for cities to cooperate to
assure the public interest is protected and electric and other
utility rates are just and reasonable; and
WHEREAS, regulatory changes now require quick response in
order to have meaningful input into the rate-setting process; and
WHEREAS, it is necessary to provide adequate resources to
enable cities to act quickly, decisively, and jointly on electric
utility regulatory developments
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF FORT WORTH, TEXAS
1 The City Manager is hereby authorized to execute the Standing
Steering Committee Participation Agreement, a substantial copy of
which is attached
2 The City authorizes payment to the Steering Committee of TU
Electric Service Area Cities of the initial participation fee of
ten cents (10~) per capita based upon the latest Texas Municipal
League population figures for the City
3 That the City Manager, or his designee, is hereby designated
as the City s representative to receive notices and participate in
and vote at Standing Steering Committee meetings
CITY OF FORT WORTH
CITY OF FORT WORTH